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Edited and Published 
in Paris 

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.The Hague, Marseille, 
'York, Rome, Tokvo. 



INTERNATIONAL 




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PARIS, WEDNESDAY, OCTOBER 5, 1988 


ESTABLISHED 1887 


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Asian Dragons Take a Bite 
From the U.S. Trade Deficit 


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By Patrick L. Smith 

International Herald Tribune 

TOKYO — One year after a bal- 
,_>• tooning USu trade deficit helped 
•-> farce a worid financial crisis, the 
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Johnson Vows 
To Run Again 

TORONTO (Rcmers) — 
Ben Johnson, rierJaring hit in- 
nocence in a drug scandal that 
cost him an Olympic gold 
medal, vowed Tuesday to dear 
his nam<» and run a gain m the 
Olympics. 

“1 have never, ever, know- 
ingly taken illegal dra gs," the 
26-year-old sprinter said at a 
press conference. He was 
stripped of his medal at the 
Seoul Games aftff testing pos- 
itive for using steroids. 

4 Die In Soviet Blast 

MOSCOW (Reuters) — 
Four people were killed and 
280 were injured Tuesday 
when a train carrying explo- 
sives crashed into another 
freight train and blew up in the 
city of Sverdlovsk, Tass said. 



Slobodan Milosevic, the 
Serbian leader, addressing 
protesters outside the Yu- 
goslav parliament far Bd* 
grade on Tuesday. The pro- 
testers 4^»manitoil that the 


General Him 

The future of the United 
States in space is in the hands 
of politicians. P»ge 7- 

Wlrite South African lawmak- 
ers were a captive audience as 
non whites rebuked (hem over 
apartheid. P>ge5. 

U.S. mid Soviet veterans com- 
pare notes on wars. Page 8. 

Fashion 

Everybody has something to 
say in the Milan fashion 
shows, mostly with nostalgia 
and tenderness. Page “• 

Buihwn/ Finance 

Grand Metropolitan launched 
a surpise £3.1 billion bid for 
pillsbuiy. Phge ,1 - 

SAS and Texas Aur announced 
a worldwide cooperation 
agreement. Page H* 


Dow Close 


TfceDoltar 

Id Now York 



DM 

1.8848 

Pound 

1.6948 

Veit 

133.35 

f=F 

6-3495 


'turn patterns 
orea, Taiwan, 
_ and Singapore have 
gained enhanced ability to absorb 
more imports from the United 
States ami redirect their exports to 
Japan and other natinq p 
Both trends are hkdy to contin- 
ue for at least the nest several 
years, UR and Asian analysts say, 
making the four economies a key 
factor m the reduction of the UR 
deficit in hs trade ataoss the Pacif- 
ic: 

A snapshot of these economies 
ty would not tell the story," 
Daniel Gressd, senior Asia 
economist at GT Management Ltd. 
in San Francisco. “As the NIC’s 
join the group erf advanced nations 


— and that is not far off — there 
won’t be any a r min g how essential 
they are to main turning the UR 
trade account in balance." 

The pattern that jg emerging 
economists say, is one erf “triangu- 
lar trade,” in which the United 
States is d ram^fryH y m creating fee 
exports to the four nations, wflilf! 
Japanese imports from are 
increasing at a similarly high rate: 

All four of the little dragons, as 
they are commonly known, are in- 
creasing their imports from the 
United States at annual rates rang- 


pwe will top $7 biUion, and exports 

to South Korea will approach S9 
billion. As a result, (he UR node 
deficit with the NICs is expected 
to drop almost 20 percent tms year, 
to about S30 b3tkm. 

Trade analysts aT *d economists 
in the region suggest that, in effect, 
UR manufacturers are s p o r tin g 
to Japan through the other four 
nations, since they are proving 
more responsive than Japan to ad- 
justments in exchange rates and 
fluctuating growth patterns. 

The increased importance of the 


exports to Japan are increasing at stabihty was first noted 


rales dose to 50 percent. 

Until recently, the value of UR 
exports to each of the NICs was 
small enough to be ignored: Even 
after a 39 percent increase last year, 
for instance, UR exports to Hong 
Kong were $4.1 bUtum. In 1987, 
exports to Singapore stood at $4.8 
bfflion. 

This year, however, die picture is 
to change- UR exports to 
Hong Ron g are expected to reach 
almost $5 buEon. Exports to Singa- 


offidaBy at the summit of the ma- 
jor industrialized nations held in 
Toronto in June. Apart from purely 
economic factors, the emerging 
trade pattern reflects efforts begun 
last year by Sooth Korea and Tai- 
wan to avoid the trade friction that 
1ms long plagued Japan. They have 

acted to stimulate d ffl lMHftm COO- 

sumption earlier in their own devel- 
opment than Japan did. 

“The imbalances between Japan 

See TRADE, Page 17 


Opposition Aide Warns 
Of Trickery by Pinochet 


By Shirley Christian 

New York Times Serrice 

SANTIAGO — As workers 
cleaned up the political leaflets (hat 
covered Santiago like snow, an op- 
position leader warned that agents 
of President Augnsto Pinochet 
were looking for a way to interfere 
with the Chilean plebiscite 
Wednesday. 

The opposition leader, Ricardo 
Lagos, a Socialist and a leader of 
the 16-party Command for the No. 
asserted that Pinochet supporters 
would use such things as power 
blackouts and dashes with the op- 
position to delay the compilation 
of results. 

But he said Monday that he bad 
no information (hat the govern- 
ment was drinking of calling off the 
vote. 

[The mOitary government late 
Monday dismissed accusations 
that ii planped to scrap or sabotage 
the plebiscite as part of a “cam- 
paign of nrismfannatknC Reuters 
reported.] 

After 15 years of military rale 
under General Pinochet, 7.4 mil- 
Hon registered voters are casting 
ballots Wednesday to decide 
whether or not he should continue 
in power. 

In the plebiscite, designed at 
General Pmocbet’s direction as 
part of a slow transition to demoo 
racy, people will vote yes or no on 
giving him right more years in pow- 
er, alter whim he would call open 
ejections. 

If he fails to get a mqority on 
Wednesday, he is supposed to call 
free elections at the end of 1989. 


Patricio Ayiwin, president of the 
Christian Democratic Party and 
chief spokesman of the Command 
for the No, said the country was 
full at rumors of such actions, 
which were “creating alarm.” 

He asked voters not to be upset 
by iheni- 

As an example- of the kinds of 
things that might be provoked by 
Pinochet supporters, he pointed to 
the power blackout that all of San- 
tiago and much of the surrounding 
area suffered for more than an hour 
late Saturday nighL 

Tbe government Mamed “ex- 
tremists” for the blackout, but Mr. 
Ayfrvin called it “highly suspi- 
cious," implying thai government 
supporters were behind it 

Apparently convinced that the 
days after the plebiscite may bring 
confusion. Chileans have jammed 
grocery stores in recent days to 
stock up on baric foods. 

The legal campaign period ended 
at midnight Sunday after a frantic 
weekend of rallies and motor cara- 
vans. 

The opporition is confident of a 
big victory in the plebiscite, if ft 
proceeds as s cheduled and if the 
vote-count is honest. 

In anticipation of a “uo” victory, 
Mr. Luos said that “the only per- 
son defeated will be General Pino- 
chet” and made a conciliatory ap- 
peal to the rest of the armed forces. 

“The armed forces and pobce are 
permanent institutions of the re- 
public and with them we win lode 
for concordance for a rapid, order- 

See CHILE, Page 6 



Tbr AaoBUcd Preo 


Ex-Captive Begs, Tet Me Be Silent’ About the Others 

Mtiinkshwar Sin gh, tbe Indian national freed by kidnappers in Beirut after 20 months, waving 
outside the Syrian Foreign Ministxy in Damascus, where he was released to the UR ambassador on 
Tuesday. He was later flown to West G ermany on his. way to the United Stales. He would not 
discuss (be conditions or whereabouts of three university colleagues kidnapped with him- Page 6. 


Saudi Warning 
Hits Oil Market; 
Analysts Bearish 
On Price Trend 


CtHrquItd bi - Our Staff Fran Dispatches 

NEW YORK — Oil prices stead- 
ied late Tuesday after falling in Eu- 
rope following Saudi Arabia's warn- 
ing toOPEC partners that they must 
obey the rand's production rules or 
watch the market slide. 

But analysts warned that (he out- 
look for prices remained negative. 

“We're still in a bear market," 
said Jim Fiedler, a trader with 
EJX&F. Man International Futures 
Inc. “Tbe market was expecting a 
rally of up to the $13.70 levd and 
they haven't been able to get it" 

The November contract for West 
Texas Intermediate, the bench- 
mark UR erode, rose 1 cent to 
$13.07 a band on the New York 
Mercantile Exchange. 

In Loudon earlier, North Sea 
Brent, the most widely traded 
erode oil, slipped to SI 1.60 a barrel 
for prompt ddiveiy. from SI 1.65 
on Monday. Dubai grade for No- 
vember lifting dropped to S9.60 a 
band from S9.65. 

“The main thing goes back to the 
concerns about the Saudi overpro- 
duction,” Mr. Fiedler said. 

(UPI, Reuters) 

" Stake in BP 


prices collapsed to around S8 a 
barrel. Prices have fallen 51.50 dus 
past week alone. 

Saudi officials, who asked not to 
be identified, said they had repeat- 
edly warned agains t overproduc- 
tion by others at their expense and 
explained their views in great detail 
during the last three meetings of 
OPEC oil ministers that look place 
since June, to no avail. 

OPEC output stands at some 3 
million barrels a day above the offi- 
cial production ceiling of around 
17 million barrels a day. Average 
prices have fallen bv more than 35 
percent from their ievds of a year 
ago. 

The Saudi Council of Ministers 

See OIL, Page 17 


U.K. Orders 
Kuwait to 
Halve Its 


Soviets Order Farm Shake-Up 

Politburo Also Creates a New Newspaper and Journal 


By Philip Taubman 

New York Times Seruce 

MOSCOW — The Politburo, 
meeting on Tuesday for the first 
time since the leadership shake-up 
last week, ordered an overhaul of 
Soviet agriculture and approved 
creation of a new party journal and 
government newspaper. 

The Tass press agpacy, in a brief 
account of the meeting, reported 
that the Politburo instructed party 
and government a genda to “draw 
up proposals for an overhaul of 
economic relations and economic 
management in the country's agro- 
industrial sector " 


The terse announcement ap- 
peared to signal the opening of a 
new drive to deal with (he country’s 
chronic agricultural problems, m- 


PreadentMDduril S. Gorbachev, 
aware that public imp ati ence with 
the food problem has undermined 
his efforts to revitalize the econo- 
my, has promised in recent weeks 
to take urgent steps to deal with 
agricultural failures. 

Tass said the instructions woe 
issued as part of preparations for a 
future Centra] Committee meeting 
that wBl focus on agriculture. 

In the leadership changes last 
week, one of the senior figures an 


the Politburo, Yegor K. Ligachev, 
the party’s No. 2 official, was 
placed in charge of agriculture po- 
lity. 

The Politburo decision on Tues- 
day suggested that Mr. Ligachev, 
who has sometimes differed with 
Mr. Gorbachev on social issues, 
will be playing a key role in the 
party in the months ahead. 

Mr. Gorbachev, who was the 
party’s senior agriculture official 
from 1978 until his selection as 
Soviet leader in 1985, is not the first 
party general secretary to tackle the 
troubled area, and the overhaul rin- 

See SOVIETS, Page 6 


York Times reported from Paris: 

In the toughest statement about 
oil policy it has issued in years. 
Saudi Arabia challenged Iran, Iraq 
and other OPEC producers to ei- 
ther restrain their runaway oil pro- 
duction or face financ ial min. 

The statement served notice that 
Saudi Arabia would no longer al- 
low other oO producers to increase 
their oil output with impunity, in 
the expectation that they can en- 
croach on tbe Saudi share of the 
world market The Saudis said they 
would now join others in boosting 
oil output a move that guarantees 
a further fall in ofl prices. 

“Saudi Arabia will not accept 
that any membere of OPEC in- 
crease their ofl production share at 
its own expense," said the state- 
ment “nor wfl] it allow other oil 
producers to pin its ofl production 
down where it is now while they 
increase their own. This swing pro- 
ducer role is one we do not wirii to 
resume." 

The statement was issued Mon- 
day after a late session of the Saudi 
Council of Ministers, chaired by 
King Fahd. 

Although many Gulf region 
erodes are already trading at close 
to. or below $10 a band, Saudi 
officials said they will not be re- 
strained by the dear risk that their 
new policy may very well posh off 
prices below 1986 levels. 

In the summer of that year, ofl 


Behind Bush, a Strategy of Control and a Man Named Baker 



By David Hoffman 

Washington Part Service 

WASHINGTON — Fifty min- 
utes into the first presidential de- 
bate, George Bush’s campaign 
chairman, James A Baker 3d, or- 
dered one of his deputies to place a 
telephone call with an urgent mes- 
: far the debate moderator, Jim 



L Maaa/Tbe WttfugXn FM 

Mr. Bush listens to his longtime friend, adviser and campaign director, James A. Baker 3d. 


te was this: You 
the debate would be di- 
vided evenly between domestic and 
foreign policy. When do we get to 
foreign policy? 

Within 10 mi n n te y , the 90-mm- 
ute debate shifted onto the terrain 
the Republicans bdieved would be 
friendlier for their nominee. 

In fact, Mr. Lehrer was about to 
shift to foreign policy questions 
anyhow. But the effort to influence 
Mr. Lehrer illustrates the central 
ffemmi of die Bush 
strategy against Governor I 
S. Dukakis of Massachusetts, the 
Democratic nominee — to control, 
if possible, evenr minute the voters 
get to see ami hear Mr. Bush. To 

accomplish it, the campaign has 


borrowed techniques, themes and 
players from every presidential 
contest since 1968. 

Directing it all is Mr. Baker, the 
former Treasury secretary whose 
trademark is disripSned political 
management. He is applying to Mr. 
Bash’s campaign virtually the same 

BefribBcaorf odds for regaining 
tbe Senate are fading. Page 3- 

techniques he displayed as White 
House chief of staff in President 
Ronald Reagan’s first term and 
during the 1984 re-electiaa cam- 


techniques indinte one 
c al c ul ated message a day, constant 
devotion to wen-executed tactics, 
aggressive efforts to avoid outride 
distractions and courtship of the 
news media. 

Mr. Bakert style was on display 
at tbe Sept 25 debate. Minnies 
after it ended, Mr. Baker had coor- 
dinated instru ctions with his aides 
on the scene to emphasize with re- 
porters that Mr. Bosh had succeed- 
ed in his goal of labeling Mr. Doka- 
Ids a Kbend. That message was then 


telephoned to the Republican Na- 
tional Committee in Washington, 
where a team stood ready to tdefax 
the message to Republican gover- 
nors and state party chairmen. 

Next, sitting down for an inter- 
view with the ABC News anchor, 
Peter Jennings, who was on the 
press panel that quizzed the candi- 
dates, Mr. Baker complimented 
Mr. Jennings on his questions. 

Critics say Mr. Baker’s political 
management style can be short- 
sighted — dial Mr. Reagan won a 
landslide in 1984 uring evocative 
symbols of patriotism and skilled 
media methods but failed to gain a 
mandate for what he wanted to 
accomplish in a second term. 

Mr. Bush has incorporated many 
of the symbols Mr. Reagan has 
used, with his emphasis on (he 
Hedge of Allegiance to the flag and 
his visit Monday to greet the shut- 
tle astronauts upon their return. 

But Mr. Baker iqects the criti- 
cism leveled at the campaign that 
Mr. Bush is avoiding fundamental 
campaign issues. 

“i would say the suggestion that 

See BAKER. Page 6 


Ruins on the Golan Heights: Where Destinies of Jew and Arab Collide 


By Alan Cowell 

New York Tunes Service 

OUNEITRA, Syria — Lieutenant Khated Na- 

tn^a Syriao. Ani^ o^a^tojwdlm Sow^ 


B ^^doMthaveanao»fOT theotte ade,"he 
w» at a people, we doc t know it 

Hdgh aiding CD the perspective, the 

is either a statement of fact, awe Israel 


annexed parts of the heights in 1981. or a denial 

of history, because Syria warns it back. 

Either way, Qundtnt stands out. For Syria it is 
a symbol of relentless Israeli expansion and of an 
affront that most one day be righted. 

•The main point fen the Syrians,” a West 
Fm np aan di p l oma t in Damascus said, “is that 
they want the Golan bade. So, theyH play voy 
tough in any Middle East neg ot ia tio ns. And as 
long as die Golan is occupied, it guarantees the 
Syrians a role in the whole issue." 

Syria lost much of the strategic heights to 
Israel in the wars of 1967 and 1973. and Qunei- 
tra. only 40 miles (64 kflometers) from Damas- 
cus, remained under Israeli occupation until 
1974, when a disengagement agreement brokered 
by the United States handed two-thuds of u back 
to Syria. 

On June 26, 1974, President Hafez Assad. 


raised Syria's flag over the city again, and the 
date is known as Qunritra’s Day of Liberation. 

It was a bittersweet occasion, for in the lOdays 
before their departure, the Israelis dynamited 
every building that had survived the military 
campaigns in the area. 

Since than < not a brick, has been rebuilt. 

'The other ride, they bring tourists to their 
side," Lieutenant Namr said. “We hear them 
saying, “Look what we have done, and see what 
thev have done — nothing/” 

He pointed to an Israeli agricultural settle- 
ment where a tractor fussed below a once-disput- 
ed fafl] whose bald deux now boasts a shock of 
a mami»g and listening devices aimed toward 
Syria, 

“We bear them saying: *Look, we are growing 
ihing r They are Hping nothing,’ ” Lieutenant 
Namr said 


Such point-scoring might seem a minor mat- 
ter, but other weighty thoughts intrude on these 
high plains whose encoding peaks offer a geog- 
raphy of confrontation — Israelis oa one, Syri- 
ans on another, UN forces in between. 

with Israel, biJdiifg a ddntollxSorilt iKSa! 
according to Western estimates, of $13 billion to 
$17 bifiion for arms to matrh those Israel has 
obtained from the United States. 

This has led some Isadi mihtaiy sp ecialis ts to 


Another has non 

era accounts the relationship between Syria and 
tbe Soviet Union has become uneasy, in part 
because of Mr. Assad’s feelings about this town 
and tbe land around it 
"The Soviets would like the Syrians to be more 


Double on the Golan so that they have some- 
thing to sell" in the tasting and trading of the 
perennial quest for a Middle East peace, said a 
Western diplomat in Damascus. 

“The Russians are not really getting anything 
from the Syrians,” the diplomat said. 

That touches on another debate, this rime 
between UR officials in Damascus and Wash- 
ington. 

Recent reports from Washington have said 
that Syria has agreed to let the Soviet Union 
unde rtake a major expansion of naval installa- 
tions at Tartns on the Mediterranean. 

Officials in Washington have accus ed the em- 
bassy in Damascus of failing to keep than in- 
formed about tbe purported expansion. 

It is not clear who is right. “There really is 
nothing up there,” a Western official in Damas- 
cus said. Tt*s not big enough to do anything.” 


By Warren Getler 

International Herald Tribune 

LONDON — Britain ordered 
Kuwait on Tuesday to cut its S5 
billion holding in British Petroleum 
PLC by more than half within 12 
months, in one of the world's larg- 
est forced divestitures. 

In a landmar k decision, the De- 
partment of Trade and Industry 
found the size of the Kuwaiti inter- 
est in BP to be “against the national 
interest” The department ordered 
that the slate-owned Kuwait In- 
vestment Office pare its interest to 
9.9 percent from 21.6 percent 
through the disposal of about 700 
million shares. 

Toe decision drew an angry re- 
sponse from Kuwait, particularly 
because it comes at a time when 
worid oil prices are at their weakest 
levels in years. It also stunned ana- 
lysis, who had not expected Britain 
to order such a large reduction. 

The price of BP stock fell half a 
penny to 237 pence (S4.03) in Lon- 
don trading Tuesday. 

Kuwait, a major ofl producer 
within the Organization of Petro- 
leum Exporting Countries, is a 
krag-berm ally of Britain and one of 
the world's preeminent institution- 
al investors, with a global portfolio 
estimated to be about $80 billion. 
The Gulf state began to a 
major bolding in BP last Novem- 
ber, when the British government’s 
sale of its remaining stake in the 
company flopped in a public offer- 
ing soon after the October stock 
market collapse. 

Without the intervention by Ku- 
wait at that time, the British gov- 
ernment's £7 2 billion issue would 
have fallen flai_ 

Kuwait has insisted all along 
that its investment in BP is purely 
passive, contending that it does not 
aim to influence corporate policy. 
After the government probe of its 
BP bolding began, it offered to re- 
strict its voting rights to 14.9 per- 
cent and not to raise its stake be- 
yond 21.6 percent, but those 
pledges were rejected by Trade Sec- 
retary Lord Young of Britain. 

Details of a report by Britain's 
Mergers and Monopolies Commis- 
sion, upon which the trade depart- 
ment based its decision, were re- 
leased Tuesday. The report said 
Kuwait could seek to curtail BPs 
exploration and development 
spending. That was one of the con- 
cerns voiced by BP in recent 
months as it lobbied the govern- 
ment to reduce Kuwait's stake. The 
report also suggested that a future 
Kuwaiti government might be less 
friendly toward Britain than the 
current one. 

“We expect Kuwait in the long 
tom to exercise influence over 
these policies and to restrict BP 
from acting independently and 
competitive^.” the report said. 

Under the ruling Tuesday. Brit- 
ain will seek to limit Kuwait's vot- 
ing rights to 9.9 percent of BPs 
shares until the divestment is com- 
pleted. 

BP, which warmly welcomed the 
government decision Tuesday, said 
several times in recent months that 
it would like individual slakes in 
the company limited to 10 percent 
aach- 

Among BP’s chief concerns 
about the large stake held by Ku- 
wait is the possibility that it would 
convey an impression that the giant 
energy group is controlled by a 
leading oil producer. BP also feared 
that Kuwait Petroleum Corp., the 
Gulf state's big exploring and re- 
fining group, might uy to pressure 
BP into refuting ana marketing 
rjoint- ventures in Europe as pan of 
: its drive to gain increase market 
‘ shhre in “downstream" ofl opera- 
tions. 

,• The Kuwait Investment Office, 

See BP, Page 13 










Page 2 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER S, 1988 


5,000 Protest at Yugoslav Parliament 


The Associated Pros 

BELGRADE— Some 5,000 Yu- 
goslav workers demonstrated in 
front of the federal parliament on 
Tuesday, demanding the resigna- 
tion of the government of Prime 
Minister Braiko Mtkulie. 

The protesters tried to force their 
way inade the parliament bat were 
hdd back by policemen who linked 
arms in front of the building’s 
entrance. 

"lire protesters marched about IS 
kilometers (9 miles) from an indus- 
trial Belgrade suburb to parliament 
to protest low wages and falling 
living standards. 

^They dispersed peacefully only 

dan Milosevic, the Serbian leader 
hailed by supporters as “the second 
Tito.” 

■ 2 Politburo Members Quit 

Henry Kamm of The New York 
Times reported earlier pm M- 


The shock waves of ethnic con- 
flict between Serbs and Albanians 
in southern Yugoslavia reached the 
top of the Communist leadership 
last week when two Politburo 
members resigned. 

Diplomats and journalists spe- 
cializing in Communist affairs 
could not recall a precedent for the 
resignation of a Politburo member 
of a ruling Communist Party in 
public protest against party poli- 
cies. 


The resignations of the Politburo 
members. Franc Serine and Bosko 
Kiunic, coincide with a wave of 
demonstrations against the dram- 
nance of Albanians in Kosovo 
Province, nominally an autono- 
mous pan of the Serbian Republic. 

The atmosphere in Kosovo these 
days is one or sullen mistrust, and 
there are credible reports that both 
sides have arms at the ready. 

Marko Lolic, executive secretary 
of the Communist Party presidency 
in charge of agnation and propa- 
ganda, praised Mr. Serine and 
called his resignation “an act of 
morality” 

He depicted the Kosovo dispute 
as largely an issue of underdevdop- 
mem and misused aid. 

“Yugoslavia has given enormous 
resources to Kosovo ” Mr. Lolic 
said. “They wen t to top people who 
used them arbitrarily. Pristina is 
full of grand hotels, ramU build- 
ings far beyond Kosovo’s needs.” 

According to a statement read by 
rate of their leaders, the protesters 
also demanded “an argent session 
of the parliament, which should un- 
seat the government of Premier 
Branko MSknlic." 

Hundreds of policemen sealed 
off a downtown area in front of the 
paihament baflding. 

Yugoslavia has Seen faced with 
increasing social and labor unrest 
in the face of the worst economic 
crisis in the country’s post-war his- 


tory, including 217 percent infla- 
tion and a S21 billion foreign debt 

Throughout Yugoslavia, Pris- 
tina. the provincial capital is re- 
garded as a town of architectural 
mp galrtmania amid pervasive pov- 
erty. 

More shoeshme men sit at the 
foot of sumptuous but negleoed 
and rapidly decaying buildings 
than there will ever be customers, 
and beggars abound. Of Kosovo’s 
work force. 2404100 are employed 
and 130.000 jobless. 

But despite the economic woes, 
mret Yugoslavs as well as foreign 
di plomats view the tension as stem- 
ming less from material sources 
than from the psychological wound 
of ethnic fear, and therefore even 
more explosive and less susceptible 
to settlement 

In his letter of resignation, Mr. 
Serine said he was stepping down 
from the party’s top body to sound 
an alarm. 

He wrote: “Tins is a warning — 
if it can be heard above the general 
rtnrnnr — that tbe last hour has 
come for us to crane to our senses 
and rid ourselves of harmful emo- 
tions and passions, varied national- 
istic and dogmatic legends and fol- 
low the voice of reason and 
progress.” 

No such voice was heard in con- 
versations with Serbians and Alba- 
nians during a four-day vial to 
Kosovo in September. Serbians for 


the most part echoed the passion- 
ate lawgnage of the rallies, which 
began in Inly. 

Serbians and Montenegrins, 
Slavic peoples that number about 
200,000 among 1.7 million ethnic 
Albanians, assert that since a mass 
Albanian uprising in 1981 they 
have become targets of Albanian 
terror intended to drive them out of 
iheprovince. 

The ultimate goal of the Albani- 
ans, whose heritage is Moslem, is 
said to be to incorporate Kosovo 
into Albania. 

Since 1981, about 30,000 Slavs 
arc estimated to have abandoned 
Kosovo, which looms large is Ser- 
bian national history. It is a signifi- 
cant center of medieval Slavic cul- 
ture and the Serbian Orthodox 
faith. 

Charges of rapes of Slavic wom- 
en by Albanians dominate Serbian 
c on versations. Other allegations in- 
clude murder, assault, arson, de- 
struction of crops and cattle and 
terrorism through threats. 

The word genocide is frequently 
used, only occasionally qualified 
by the adjective cultural Since 
1981, the number of villages inhab- 
ited solely by Albanians is said to 
have risen from 606 to 700. 

Crimes have occurred, Yugo- 
slavs and diplomats agree. How 
widespread they are, anothe extent 
of any retribution, is a matter of 
dispute. 



Yugoslav workers outside rite parliament in Belgrade on Tuesday demanding higher wages 


Dw VMc/lfec Aummm ha 

and the resignation of the government. 


Aviation history and Lufthansa 
grew up together. 



© Lufthansa 


WORLD BRIEFS 

Failing nf Solzhenitsyn Is Challenge!# 

MOSCOW (AP) —The Union of Filmmakers of the Soviet Union and 
Tuesday that it bad asked the government to review tbe legality of the 
1974 deportation of Alexander I. Solzhenitsyn, the Nobel prizawhuring 
author. 

Mr. S olzheni tsyn was deported and stripped of his atizensmp after 
publication in the West of his three-volume study of tbe Soviet system of 
political prisons, “Gulag Archipelago." Tbe union's request for reconsid- 
eration of Mr. Solzhenitsyn’s exile is based strictly on legal grounds, said 
Arkadi Vaksberg, a prominent lawyer and writer. 

He was exiled “contrary to bis wilT and “without giving trim the 
opportunity to defend himself," stud Mr. Vaksberg. The fitanakra 1 
union is seeking a response from the Presidium of the Supreme Soviet by 
Mr. Solzhenitsyn's 70th birthday, Dec. 11. 

Major Quake Seen likely in U.S. East 

WASHINGTON (AP) — A major earthquake is nearly certain' to 
strike the eastern two-thirds of the United States in the next 20 yean, 
threatening havoc in a region unprepared for such a disaster, the head of 
tbe National Center forEarthquake Engineering Research at the State 
University of New York at Buffalo said here Tuesday. 

Robert L. Ketter declined to pin down a location, but he said 
sites included (be areas of Memphis, Tennessee. Charleston, 1 
Carolina, Boston. Salt I -ate City and New York City. The probability of 
a destructive quake occurring at any pitfoilnr spot is low, he said. 

“However, the probability of one occurring somewhere in the casern 
United Stales before the year 2000 can be considered better titan 75 
percent to 95 percent Before the year 2010, nearly 100 percent," he IQ 
symposium on quakes. He noted that unlike California, the UJL East 
paid little attention to the danger. 

U.S. Balks at Unveiling Stealth Jet 

WASHINGTON ( AP) —Tbe Defense Department derided ai the las 
moment Tuesday to caned the official introduction of its Stealth jet 
fighter, forcing a senator to caned a news conference and the Pentagon's 
spokesman to reassert official secrecy over the iadar-evadin&plaoe.' 

Doug Falter, a spokesman for Senator Otic Hecht, Republican of 
Nevada, said the senator bad planned to Himm the Stealth fighter 
program with reporters Tuesday after the Pentagon unvoted the pUne. 
According to Pentagon informants, the more man 50 Stealth fighus 
built for die air force are based ax a tightly guarded facility in Neradi 
The plane, known as the F-19 by industry offirials, uses special designs 
and composite materials that evade detection by radar and othersensoc 

Dan!" 
that 

nor would be explain why a public disclosure had been canceled, or 
confirm that there is a Stealth fighter. 

Terrorists Slay Madrid Policeman 

MADRID (UPI) — Leftist guerrillas shot and kilted a pobcenaatfa 
crowded government office Tuesday in the first fatal terrorist in 
the capital in nearly 17 months, authorities said. 

One of the assailants fixed pant-blank at the policeman's head and 
shot him a second time as be lay on the floor. Police said the vkm 
Bernardino Ortega, 47, died instantly. The two other attacks* one d 
them a woman, then opened fire to force their way through # crowd 
waiting to renew identity cards. A second policeman was slightly wound- 
ed- Witnesses said tbe assailants picked up a pile of blank kkariiy cards 
before fleeing. 

State security officials identified the three as members of the Wrist 
urban guerrilla movement known as GRAPO — the Spanish acronym for 
October 1 Anti-Fascist Resistance Groups. 

Cuban Dissident Will Co Into Exile 

HAVANA (AFP) Rica rd o BofiH, one of Cuba’s best known <£ss S 
dents and human rights activists, said Tuesday that he would be aflowft/i 
to leave the country this week for West Germany but would not be 
permitted to return. 

Mr. Bofin, founder and president of the banned Cuban Committee for 
Human Rights, said he would leave Havana on Wednesday for Madrid 
before iravdmg on to Frankfurt After undergoing medical treatment in 
Frankfurt Mr. BofiH sod. he will remain there to work for the Interna- 
tiona! Human Rights Society. He said that be desired to return to Ips 
homeland but that Caban officials would grant him only a one-way visa. 

Mr. BofiD a nnounc ed in July that he andother Cuban dissidents would 
try to form a political party. President Fidel Castro, however, issued a 
strong wanting against any new parties. 

For the Record 

More than 245 raflfioa people now fire in the United States, the Census 
Bureau said Tuesday, a total pushed upward by the combination of 
continued strong immigration and an increase in the natural growth of 
utetion. As of Jan. 1, the total was 245,110,000 people, up from 




r . . 

i.V 


! composite materials that evade detection by radar and otbersensnE. 
Jan Howard, the Pentagon’s chief spokesman, would not actoeviedgj 
i the department had been close to releasing information CBlbejjv 


the 

242,' 


5,000 a year earlier. 


(AP) 


JjVo bombs explode d Tu esday in the ethnically troubled Alto Adige 
- ■ demolish 


r .. »r - B ymdows and cars and uwuwmiiu» a uuu«a*u ujtuu. 
^ m ®°k ano - No injuries were reported. Responabilitv 

was ctomed by a Gennan-spcaiong extremist group, Ein Tyrol (One 
Tyrol), that is seeking to reunite the region with Austria. (AP) 


TRAVEL UPDATE 


4 


Albania Tours Offered by U.K. Firm 

SigrasarasbMsss i 
s,i£ssSH^?^sst‘ 

said passenzers would he w,, — . j 


t. 


be x-rayed or inspected by hand. 


(Ream) 




INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 


Page 3 




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Republicans Are Fading in Senate Races 


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— ____ " ''' ' '" " EbcAaodDUTkAffdadhai 

Governor Michael S. Dukakis bearing contraband drags mto an incinerator in Detroit to emphasize Us position on illegal drugs. 


By David E. Rosenbaum 

New York Times Service 

WASHINGTON —As the elec- 
tion campaigns across the United 
States this fall have heated np. Re- 
publican rfranry, of regaining con- 
trol of the Senate seem to have 
become more remote. 

Several Democratic senators 
who seemed vulnerable earlier in 
the year have solidified their posi- 
tions, and at this stage of the cam- 
paign all IS Democratic incum- 
bents who are running for re- 
election seem to be ahead, most of 

them by solid margins 

Meanwhile, 2 Republican sena- 
tors, One Hecht of Nevada and 
David K_ Karnes of Nebraska, are 
believed to be trailing their Demo- 
cratic challengers, and several of 
the 10 other Republicans up for re- 
daction are in uncomfortably dose 
races. 

These assessments are based on 
interviews with politicians, politi- 
cal strategists and independent an- 
alysts here and in the various states. 
The consensus is that the Demo- 
crats, who now hold a seat advan- 
tage of 54 to 46, are more likely to 
gam seats in November than to lose 


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THE HUSTINGS 

Dukakis Calls Bush a Failed Official 

‘i /EVANSTON, Illinois (AP) — Governor Michael S. Dukakis said 
pftesday that Vice President George Bosh b«d failed every assignment in 
office and that American business bad suffered as a result. 

“We cannot build a strong and vibrant economic future far America on 
a mountain of debt, and tire American business community knows that,” 
Mr. Dukakis, the Democratic n ominee for president, said in a speech at 


U.S. Agency Says It Hid 
Nuclear Plant Incidents 


Northwestern University. 

Mr. Dukakis said Mr. Bosh had failed his aawgmr 
U.S. sales in Japan, refo r ming regulated sectors of the 

ik. »ik.. -C ... .1 irJL.J's... l: ■ 


U.S. sales in Japan, reforming regulated sectors of the economy, blocki 
tire entry of drugs to the United States, curbing inte rnational terrach 
and reforming the nation’s hanging system. 

“Up D..I. e . ■ : i . - ■ ■ - .-• 


I in a speech al 

ion promoting 

H , blocking 
terrorism 


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“Mr. Bosh was given five 
and he failed every one,” Mj 


Democrats Aim for War-Chest Parity 

BOSTON (Raitera) — For the first time since 1974, when Congress 
imposed spending r atings for presidential rierfip ng , the Democratic 
Party is mounting a serious challenge u> the Republican fundraising 
dynasty. 

Robert Fanner, the chief fundraiser for Governor Michael S. Dukakis, 
says he aims to raise $50 nulHon for the Democrats, and the usually 
prosperous Republicans have vowed to match their rivals dollar for 
dollar. 

“We are making history — this is the first time we’ve even conre dose to 
the Republicans,” Kristen Demang, the Democrats’ chief of financial 
operations said this week. 

vF or the Debate, a No-Win Situation 

WASHINGTON (NYT) — AD those “highly informed’' television 
reporters are tom with grief. AH those eager campaign analysis, all those 
expert columnists covering tire political campaigns, aD those political 
consultants who appear with the network anchors — all are deeply 
distressed. 

The reason: word that the vice-preadential debate on the major 
television networks Wednesday night will be followed immediately by 
regular programs, with no political discussion. 

So ih^wiDnm be the normal half-hour “spin” by all the experts who 
idl the uneohghtared viewers who won and who k»L 


By Keith Schneider 

New York Tana Service 

WASHINGTON — The De- 
partment of Energy said it was re- 
sponsible. along with its predeces- 
sor, the Atomic Energy 
Commission, for keeping secret 
from the public a number of serious 
reactor accidents that occurred 
owbt a 28-year period at the Savan- 
nah River plant in South Carolina. 

The Energy Department on 
Monday exonerated EL dn Pont 
de Nonours A Co^ the operator of 
the enormous midear plant, from 
responsibility, saying the company 
had fulfilled hs obHgatioa to notify 
die government about the inci- 
dents. 

The department spokesman, G 
Anson Franklin, said Du Pont had 
notified the regional office in Ai- 
ken. South Carolina, near where 
the plant is situated, but the infor- 
mation apparently never mada its 
way to the secretary of energy or 
his deputies in Washington. 

Moreover, a memorandum writ- 
ten in 1985 by a Dn Pont scientist 
to his siQxriors summarizing 30 
“reactor incidents of greatest sig- 
nificance” at the federal nuclear 
weapons plant, which included the 
melting or fud and extensive radio- 
active contamination, was never 
acted oa. 

Hie Energy Department said it 
was seeking to determine ' why 


Dothxng was done about the memo- 
randum. 

The department said the failure 
to disclose the problems illustrated 
a deeply rooted institutional prac- 
tice, dating from the days of the 
Manhattan Project in 1942, which 
regarded outside disclosure of any 
incident at a nuclear weapons pro- 
duction plant as harmful to nation- 
al security. 

Lawmakers »nd managers at the 
Energy Department said Monday 
that the agency was tom by con- 
flicting views of what sorts of 
events at die plant should be made 
available to tire public. 

The conflict is dividing Secretary 
of Energy John S. Herrington, an 
advocate of more stringent safety 
procedures and public candor, and 
many of the agency’s managers sta- 
tioned at field offices near the 17 
laboratories and production facili- 
ties that mak e np the weapons pro- 
duction complex. 


Warsaw Pact Nations Meet 

The Associated Press 
BUDAPEST — A regular ses- 
sion of the military councfl of the 
Warsaw Pact armed forces attend- 
ed by delegations from the Soviet 
Union and the other six member 
countries opened Monday, the offi- 
cial MTI news agency said. 


However, Senate races are diffi- 
cult to handicap with confidence. 
Few analysts, for instance, predict- 
ed the 12-seat Republican gain in 
1980 or forecast that the Demo- 
crats would pick up 8 scats in 1 986. 
With more than five weeks to go 
before Election Day, races that 
now seem one-sided could tighten 
up, and one candidate ox another 
could pull away in contests that 
now appear to be dose. 

“It’s a long time out yd, and the 
issues are just now bemg joined,” 
said Senator Rudy Bosch witz of 
Minnesota, chairman of the Na- 
tional Republican Senatorial Com- 
mittee. 

Nonetheless, the long odds the 
Republicans face can be seen by 
analyzing the 33 Senate races stale 
by state. 

Thirty-six Democratic senators 
and 31 Republicans are not up for 
election this year. Fi ghiwgi seats 
held by Democrats are being con- 
tested, as are 15 hdd by Repubb- ] 
cans. 1 

Democrats scan sure to pick up 
a seat in Vbgima. Paul S. Tnble Jr, 
a Republican, is retiring, and for- 
mer Governor Charles S. Robb, a 
Demooat, is expected to be dected 
in a landslide. 


For Republicans to win back the 
control of the Senate they lost in 
tin; 1986 election, they would have 
to keep all their seats that are at 
Stake except the one in Virginia and 
win five seats now hdd by Demo- 
crats. 

This is the case no matter who 
becomes the vice president, who, as 
presiding officer, casts tie-breaking 
votes in the Senate. 

If Senator Dan Qnayle of Indi- 
ana is dected vice president, a Re- 

amor Robert D. ^torcplacchim, 
and Mr. Qnayle would break a 50- 
50 tie in favor of Republicans. If 
Senator Lloyd Benisen of Texas 
becomes vice president. Governor 
Bill Clements wfll appoint a Re- 
publican, which win give Republi- 
cans an a dd i ni**™! scat. 

Democratic and Republican 
strategists agree that 10 Democrat- 
ic senators and 4 Republicans are 
not ihnrarwiffri at all 

The Democrats are Mr. Bentsen, 
who is running again for the Senate 
as well as for vice president, Robert 
G Byrd of West Virginia. Dennis 
DeCondni of Arizona. Edward M_ 
Kennedy of Massachusetts, Spade 
M. Matsonaga of Hawaii, George 
J. Mitchdl of Maine, Daniel Pat- 
rick Moymhan of New York, Don- 
ald W. Riegle Jr. of Michigan, Paul 
S. Sarbanes of Maryland and Jim 
Sasser of Tennessee. 

The Republicans are John C. ' 
Danforth of Missouri, Qnin G. 
Hatch of Utah, John Heinz of . 
Pennsylvania and Richard G. La- I 
gar of Indiana. | 

Here, then, is what the Republi- 
cans must do to win a majority: 

• Hold the seats in Nebraska 


and Nevada, where the Republican 
senators appear to be behind their 
challengers. 

• Hold seats in California, Con- 
necticut, Delaware, Minnesota, 
Rhode Island and Wyoming, where 
Democratic challengers are within 
striking distance of Republican in- 
cumbents. Democrats believe they 
have at least an even chance to win 
in Minnesota, and the Republi- 
cans' position in California and 
Rhode Island is only slightly less 
shakv. 

* Win the five seats other than 
Vir ginia where no incumbent is 
running. In Vermont, Rep. James 
M. Jeffords, a Republican, is said 
to be comfortably ahead. The con- 
tests in the other four states — 
Florida, Mississippi, Washington 
and Wisconsin — are toss-ups at 
this stage, with the Republicans 


seemingly slightly stronger in Flor- 
ida than in the other three. 

• Win upset victories over Dem- 
ocratic senators in at least two of 
the following states: Montana. 
New Jersey, New Mexico, North 
Dakota and Ohio. Earlier in the 
year, all these seats seemed ripe for 
Republicans, but the challengers 
have not fared as well as party 
leaders hoped. 

Tom Mason, communications 
director for the National Republi- 
can Senatorial Committee, framed 
the contests slightly differently. He 
maintained that to win control of 
the Senate his party would need to 
win three of the five states be calls 
the “M and N states": Montana. 
Nebraska, New Mexico, Nevada 
and North Dakota. He acknowl- 
edged that Republican candidates 
were now behind in all free. 


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{’ or over ninety years London's Tower Bridge has been a major daytime attraction. 

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; ' 3-D modelling effect on the drawbridge towers. So now the Gothic beauty of this famous 

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Barrier that protects London against the threat of tidal flooding, are also highlights of Philips 
7/ ? leadership in lighting. ►►► Yet lighting for bridges and barriers is only one aspect of Philips 

B f|| % ill * ■* ‘ • , ’’ r !*' technology. ► For example, we supplied Europe’s first fully-automatic vehicle tolling. 




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PHILIPS PUTS TECHNOLOGY ACROSS BRIDGES AND THROUGH TUNNELS. 


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in Norway. ► We are responsible for design, supply, installation and commissioning of 
the technical systems for Hong Kong's Route 5 Tunnel Project. ► In the U.K., our advanced 
video systems are used for traffic surveillance along busy stretches of the M4, M8, 
M25 and Midland Link motorways. ► And in Singapore, we were awarded a S$ 50.2 million 
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Page 4 


WEDNESDAY, OCTOBER 5, 1988 


HcraliSKSribunc, 

PtabliJwd VllklWo \ n»t Tiw lad Thr t W i rngl nq Port 

Honor to Peacekeepers 


OPINION 


The award of a Nobel Peace Prize to the 
far-flung UN peacekeeping forces is al- 
most everyone's idea of the way these 
things ought to be done. The award cap- 
tures the spirit of the day, at a time when 
this service of the United Nations is being 
applied in new places — the Gulf. Afghan- 
istan, perhaps next in the Western Sahara 
and Namibia. It also bestows deserved 
recognition on a function that is at the 
heart of the world organization’s founding 
purpose and enduring rationale. 

Currently the United Nations has seven 
peacekeeping missi ons going, with a total of 
about 10,000 people in Cyprus, along the 
India-Pakistan cease-fire line in the disput- 
ed region of Jammu and Kashmir, and in 
several Middle East locations, plus the Gulf 
and Afghanistan. Over the years, 733 peace- 
keepers in their trademark blue helmets 
have been killed — in the name of the 
abstraction of international peace. Some 
governments may have had a political pur- 
pose in putting their soldiers at risk in this 
cause, but man y of the m also fdt the tug of a 
powerful ideal One American member of a 
current UN peacekeeping mission. Lieuten- 
ant Coload William Higgins, has been a pris- 


oner of terrorists in Lebanon since February. 

It is quite likely that the bestowers of this 
Nobel bad in mind something beyond trib- 
ute. The Soviet Union and the United States 
have evaded their financial obligations to 
peacekeeping operations, ad ding to the im- 
mense strains on the work, budget and mo- 
rale of the United Nations. Only now are the 
two great powers ready to acknowledge, in 
parallel due advantages of controlling inter- 
national chaos through this service. For the 
two of them to join in the applause for the 
prize without paying their full assessments 
promptly should be unthinkable. 

The award draws notice to die connec- 
tion between peacekeeping and peacemak- 
ing. Peacekeeping can and often does mean 
stifling the guns and separating the combat- 
ants but not necessarily resolving the dis- 
putes that put them at odds. But “peace" in 
the sense of a cease-fire or truce can help 
establish the conditions for seeking a deep- 
er peace while limitin g h uman suffering and 
loss, and preventing disputes from bong 
resolved on the basis of strength alone. 
These are the plentiful gifts for which Unit- 
ed Nations peacekeeping is honored now. 

— THE WASHINGTON POST. 


Let 100 Sports Bloom 


South Korea deserves Olympian honors 
for staging a glorious global spectacular — 
the first trouble-free Summer Olympics 
since 1964. More athletes from more coun- 
tries competed in more events than ever 
before. But these superlatives raise yet an- 
other question: Is the Olympics getting to 
be too much of a good thing? Too many 
events, not enough focus? 

Ask any 10 viewers which events to zap, 
which to keep and what to add, and you will 
get 10 answers. After the outrageous mis- 
handling of several boxing bouts in Seoul 
some argue for e liminating all sports that 
involve subjective judgment Although the 
brutality of boxing is grounds enough for its 
elimina tion, a no-judges rule would mean 
no diving either, no Greg Louganis. 

Others would cut out ports that have 
focal world championships of their own, like 
tennis with its four grand slam tournaments, 
a sport that was restored to the games this 
year. But such a standard would also knock 
out soccer, an established Olympic sport 

Others propose eliminating synchronized 
swimming. Too arty, they say; not a 
“sport" More arty than figure skating? In 
any case, judging from all the air time NBC 
gave it that must be a big audience. And if 
synchronized swimming goes, can tae kwon 
do or handball be far behind? 

Incurable romantics yearn for classical 
purity, like the ancient games? Those were 
for Greek males only, no women. That 
wouldn't fly now. The government gave win- 
ners cash prizes. Some do nor*; most don’t. 

Today, under the loose reins of the inter- 
national committee, national and interna- 
tional federations for each sport set their 
own rules. So t ennis , for example, can be 
all-professional, while basketball is mixed. 
Don’t expect consistency soon. 

The Olympics are growing, and soon will 
grow again; baseball will become an official 
sport at the Games of the XXV Olympiad 
in Barcelona, and bowling wants lo be. 

Jousting over how the Olympics should 
be run is not yet an official sport, and there 
may be no way to limit the growth. Smart 
television producers may wish to be dis- 
criminating in what they transmit, but, as 
for which events are included in the Olym- 
pics^let a hundred sports bloom. 

— THE NEW YORK TIMES. 


Once again, not everything went well in 
the Olympic Games. There was a major 
drug scandal some outrageous judging, an- 
other infusion of professionalism and a 
continuing excess of nationalism in other 
words, it was pretty much the Olympics-as- 
ustuJ — not a bad outcome considering the 


dark clouds of apprehension that hung over 
the Games when the torch was lit in Seoul. 

At that time there were still fears of some 
devastating act of terrorism by North Ko- 
rea or some more distant dements. Long 
before the Games had ended, though- the 
fears had been largely forgotten. The Sooth 
Korean government and people did them- 
selves proud in playing host and in keeping 
the peace; the biggest threat to the prevail- 
ing narmony was the Koreans’ displeasure 
with scane of the American television cover- 
age of them — a complaint, they share with 
a number of recent American presidents. 

As for the American athletes, they took a 
step back down from the heights scaled at 
the 1984 Games in Los Angeles, where a 
boycott by Eastern bloc nations allowed 
U S. domination. This year the East was 
back, and the Americans finished a distant 
third in the nation-by-nation medal counts. 

Afterward, as usual, some American 
sportsmen called for a better-financed and 
better-disciplined US. effort, and indeed a 
number of gold medals were apparently lost 
solely because of laxity or lack of practioe — 
a boxer fails to get to the ring in time for his 
bout, a baton pass is missKri in a relay race, a 
young gymnast observes a performer from 
an illegal place, ramsing a damaging penalty 
against the U.S. team. But also as usual there 
were those electrifying and often unexpected 
triumphs from the Americans — the swim- 
ming victories of the tiny Janet Evans; the 
wild celebration of the US. baseball team 
and its one-handed w inning pitcher, Jim 
Abbott; the heart-stopping rush of sprinter 
Evelyn Ashford as she surged to victory in 
die final leg of the 400-meter relay. 

Such moments have more to do with the 
spirit of the Games than do the medal 
counts. On the final night, the American 
boxer Roy Jones was deprived of a gold 
medal by the judges in a bitterly disputed 
deriaon. Shortly afterward, Andrew May- 
nard fought Nourmagomed Chanavzov of 
the Soviet Union in a bght-heavyweight 
bout The two fighters battered one another 
for three rounds, fighting bravely if none 
too artfully, displaying both the best and 
the worst of this sport which dates bade 
over two millennia to the anrient Olympic 
Games. When the final beO rang, Mr. May- 
nard, exhausted, bruised and with no partic- 
ular reason to think that these judges would 
prodaim him the winner, nevertheless turned 
and embraced his opponent, and the two, 
with their arms over one another's shoulders, 
pivoted awkwardly, bowing to the crowd on 
aS four sides of the ring. When, a few nan- 
nies later, Mr. Maynard was proclaimed the 
winner, it was almost an anticlimax. 

— THE WASHINGTON POST. 


Other Comment 


A Thaw Between Two Giants 

Beijing and Moscow are beg innin g to 
move closer in their thinking. While their 
natio nal interests continue to command pri- 
ority, they share the view that they would be 
better off if the tension between them were 
reduced. Both rides are occupied with re- 
vamping their economies and removing the 
fetters that communism imposed on individ- 
ual initiative. This is not an easy task, and 
they realize they have enough problems with- 
out having to take upon themselves the add- 
ed harden of ever-rising defense spending. 

If a Deng-Gorbachev meeting has be- 
come a possibility it is because the Soviets 
have started to solve two of the three obsta- 
cles which the Chinese insist have to be 
removed before relations can be normal- 
ized. Moscow is withdrawing its troops 
from Afghanistan. It has pulled its forces 
back from the Chinese-Soviet border. More 
importantly, the Soviets appear to be put- 
ting pressure on Vietnam to pull its troops 
out of Cam bodia. The amount of that pres- 
sure, and the degree to which Moscow is 
w illing to risk the loss of Cam Ranh Bay, 
are undear. For the moment, the Chinese 
are satisfied that die Soviets are willing to 
help resolve the Cambodian issue. 

Chinese-Soviet normalization promises 
to yield economic dividends for the two 
countries. Border trade, which is already 


booming, wiD further increase. The ex- 
change of Chinese consumer goods for So- 
viet timber and machinery will be broad- 
ened to include other commodities. Because 
the goods are bartered, both rides will be 
able to conserve their limrtwl foreign ex- 
change: From the regional perspective, the 
reduction of tension between the two en- 
hances peace in this area. The weapons of 
destruction which both sides have are awe- 
some [and] capable of igniting a world war. 

This is not to say that China and the 
Soviet Union will no longer compete for 
influence. They are likely to continue to do 
so. What is encouraging about Chinese- 
Soviet developments in recent years is that 
the desire to limit tension and prevent dif- 
ferences from spilling into open conflict is 
stronger than ever before. 

— The Straits Times (Singapore). 

Knitting Pakistan Together 

The return of party politics to Pakistan 
was always going to be difficult Army rule 
has alienated the population from the gov- 
ernment. A dental of democracy now could 
only make that estrangement worse: But a free 
and fairly elected government which could 
Harm to represent all the people just might be 
able to knit the country together again 

— The Times (London). 


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Defense: Dukakis 
Can’t Have It 
Both Ways 

By Midge Decter 

N EW YORK — Anyone ctf vot- 
ing age knows enough toww 

for granted that when he baas 
r ~~T . — r campaign oratory he will get a cnat^ 

( — i T m i — — aetenstieally and intentionally de- 
) 4^ J) ~~T r -A based form of discourse- Thus, the 
* — presidential debate should not have 











Mr. Conservative Shows the Candidates the Way 


W ASHINGTON — With a sense of tuning far 
better than he could have calculated, Bany 
Gold water this month publishes his autobigraphy. 
In “Goldwater," the 1964 Republican presidential 
nominee and hero of the modern American con- 
servative movement reflects on an unusually rich 
life of almost eight decades and on the current 
political and gover nmental scene. 

His collaborator. Jack Casserly, has not cen- 
sored Mr. Goldwater’s uninhibited vocabulary, 
so the book bristles with characteristically point- 
ed Goldwater judgments on people in politics, 
business and the press who have crossed his path. 

What makes h pertinent, beyond the pleasure of 
bearing the authentic Goldwater voice rate more 
time, is the light it sheds an today’s Republican 
Party. It is a party to which Mr. Goldwater. 
probably more than anyone else, gave his stamp. 

Today we are accustomed to thinking of the 
Republicans as the party of conservatism. Before 
19m that was hardly the case. AD through the 
1930s, ’40s and ’SOs, moderate-progressives con- 
trolled its nominations. In 1960 apolitical chame- 
leon, Richard Nixon, signed a deal with Nelson 
Rockefeller that ranched nis nomination- He chose 
as his r unning mate a liberal Republican from 
Massachusetts. Henry Cabot Lodge. Eight years 
later the deal that nominated Mr. Nixon was 
signed with Strom Thurmond of South Carolina. 
And when it came time to choose a running mate, 
Mr. Nixon passed up the governor of Massachu- 
setts, John Volpe, and chose a more right-wing 
new face, Spiro Agnew of Maryland. 

What had happened in between was the Gold- 
wzierizatkmoi the Republicans — the most signifi- 
cant losing presidential cam paign since A1 Smith’s 


By David S. Broder 

in 1928. Just as Mr. Smith forecast the shape of the 
New Deal coalition, Mr. Goldwater’s race re- 
shaped the Republican Party in ways that let it win 
four of the next five presidential sections. 

He moved the party south and west, out of the 
Atlantic seaboard ana the Middle West and into 
the Sunbelt. He moved it from advocacy of federal 
civil rights action to a position of hostility or 
indifference. He moved it rightward on a whole 
variety of other issues, and it has never gone back. 

Ronald Reagan got his start in that 1964 cam- 
paign, with a memorable national television ad- 
dress. George Bush has his roots in the same 
experience. He first ran for office (a Texas Senate 
seat) in 1964 and called himself “a Goldwater 
Republican.” The link between the two men is 
provided by Dean Burch, the young lawyer on Mr. 
Goldwater’s staff who became the Republican 
national diairman in 1964 and who is today cme erf 
Mr. Bush's closest friends and advisers. 

Mr. Burch is just one of scares of Republicans 
stiD playing key roles who were drawn into politics 
by Mr. Goldwater’s cam paign Why was it so 
influential? Because Mr. Goldwater took the is- 
sues seriously but was wonderfully irreverent 
about himself. It is a lesson that both Mr. Bush 
and Michael D ukakis could profitably ponder. 

Reading this book, you are left in no doubt why 
Mr. Goldwater told a startled Dan Quayie recent- 
ly to“tdl George to start talking about the issues.” 
That is what politics is about to him ■— not the 
pursuit of power but the dash of ideas. He was 
eager to compete in 1964 a gainst John Kennedy. 


for whom be had great affection, because he knew 
that Mr. Kennedy would debate policies. 

He dreaded running against Lyndon Johnson, 
and not jost because his political judgment told 
him that the American public wand not vote to 
change presidents again just a year after tin trau- 
ma of the Kennedy assassination. Mr. Goldwater 
also guessed correctly that Mr. Johnscn would not 
tolerate a principled debate on die issues. But he 
wmt oat mid about ins beliefs in what he 
knew was a foredoomed campaign 

That stick-to-his-guns quality was half of Mr. 
Goldwater’s appeal. In contrast, Mr. Bush is 
campaigning luce a man who can’t stand the 
thought of losing. That fear has led Mm to use 
tactics that Mr. Goldwater — who gave him an 
important endorsement last winter in New 
Hampshir e — plainly can barely stomach. It has 
led Mr. Bush to hedge an Ms baric beliefs. 

The other half of Mr. Conservative’s appeal was 
Ms inHriihlft wnw that there is more to fife than 
politics, that friendships and f im are not depen- 
dent an the vote count Every aspiring candidate 
should read the chapter called “A Double Lifo” in 
which Mr. Goldwater contrasts “the straight fife’’ 
of Ms political career with “the sweet fife — 
athlete, ham radio operator, pOot, car buff, pho- 
tographer, and aH-aronnd tinkerra.” 

Mr. GokTwater knows that victory can have too 
high a price; just read Ms scathing words on Mr. 
Nixon- And he is living proof that defeat can be 
the source of future vindication, if you are true to 
your convictions and keep a sense of humor about 
yourself. His antobiography is a reminder that 
politics can be both principled and pleasurable: 

The Washinpon Past. 


With Help, Haiti Can Still Engineer a Democracy 


W ASHINGTON — There was 
great hope for democratic re- 
form in Haiti when Jean-Claude Du- 
vaher was driven into exile in Febru- 
ary 1986. Now, 32 months and four 
governments later, skepticism and 
cynicism characterize the public 
mood. Is democracy in Haiti posable 
under any drcmnstances? Does the 
United States have sufficient inter- 
ests in Haiti lo get further involved in 
an apparently hopeless cause? 

To answer the latter question first, 
yes, the United Slates does have spe- 
cial interests in Haiti. Political up- 
heaval in this poor Caribbean nation 
could send waves of refugees on foot 
into the adjoining Dominican Re- 
public, with destabilizing effect on 
that struggling democracy, and by 
boat to the beaches of Florida. 

Economic collapse could lead to 
food and petroleum shortages and 
calls for greatly increased external 
aid. Moreover, the establishment of 
an unfriendly regime there, only 
miles across the Windward passage 
from Cuba, could open that strategic 
waterway to virtual free passage of 
Colombian drug traffickers. 


By Ernest H. Preeg 


presidential palace, the military gov- 
ernment under General Henri 
Namphy had painted itself into a 
corner of political isolation and eco- 


nomic stagnation. It had violently 
aborted democratic elections last No- 
vember and jettisoned the new con- 
stitution, adopted last year as a basis 
for democratic, civilian rule. 

U-S- economic aid to the Haitian 
government was then cut off, and aid 
from France. Canada, and the World 
Bank has been greatly reduced. For- 
eign exchange reserves are exhausted. 
Development projects languish. New 
private investment is virtually nil 
Some companies may puD out 

President Avril faces the challenge 
of putting the country back on the 
track of political and economic re- 
form while consolidating his power 
base within a rebellious army. 

Haiti has become a tindobox. Its 
small, ill-equipped army of 7,000 is the 
only available force for maintaining 
law' and order. The country has a long 
history of violence, and when tbae is 
no tangible hope for the future, frus- 
tration builds. Whether the threat of 
violence comes from the still relatively 
unorganized radical left, from the old- 
guard Duvalierists or from democratic 
elements opposed to rmlhaiy rule, the 
outcome would be tragic. 

How did everything go so wrong? 
How can it be put right? 

The course of events from February 
19S6 to the aborted election of NO- 


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American Intervention Would Be Folly 

A S Haiti lurches from crisis to crisis the United States stands by seemingly 
_ , impotent, incapable of deciding either to bring real pressure on the 
regime to mend its ways, to use economic aid to keep the country from .sinking 
sifli further into poverty — ■ or to intervene militarily. 

The last time the United States intervened in Haiti was in 1913. The 
situation was not unlike today's. There had been continuous dvfl war, 
rebellion and riots, and six presidents in four years. The fast one. Guillaume 
Sam, had been captured by a mob and hacked to pieces. 

Washington was perturbed. Would the Europeans intervene? The Panama 
Canal had just opened, which appeared to increase the strategic importance of 
Haiti. On July 28. marines and sailors from the USS Washington marched into 
the capita], A bemused populace offered no resistance. 

I he record of occupation was mixed The Americans provoked resentment 
by reintroducing the French system of forced labor to build public works. Big 
U.S. companies bought up the best land and evicted the peasants. Yet Haiu 
developed as never before. There were roads, hospitals, ports and the first 
automatic telephone system in Latin America. There was political calm 
But resentment continued to build, and an independence treaty was finally 
signed in 1933. Within years the roads and ports fell into disrepair, the phones 
stopped working and the hospital equipment rusted. 

Would the United States do better in 1988? There is no reason to think so. 
itiseics ihculti da one thing: rertcre economic aid and let the r *oor know it 
cares. Beyond thaL the Haitians have to do it themselves. 

— Jonathan Power, International Herald Tribune. 


vember 1987 was repotted by U.S. 
media largely in trams of its confor- 
mance with the Ameri can model of 
democratic gov ernment: the drafting 
of a new constitution, the separation 
of powers under a duly elected presi- 
dent and a free and fair election cam- 
paign. Such a course appeared to be in 
(he evident self-interest of all Haitians. 

Unfortunately, this was a naive 
misreading of motivations in Haiti. 
Key elements of the power structure, 
particularly the Duvalierists and the 
army, felt threatened. Top Dnvalis- 
ists were excluded from candidacy in 
the elections, and post-election retri- 
bution was feared by many. After 
more than three decades in power, 
the movement had become a pariah, 
with prospects for near total exclu- 
sion from the new gcrvemmenL 
The situation of the amor was even 
more critical since it controlled the 
transition. Historically, the army dom- 
inated thepoHtkal process in Haiti. 
Framjois “Papa Doc 1 DuvaHer, how- 
ever. broke army control of political 
power, largely through creation c£ a 
rival security arm, the dreaded Tonton 
Macoutes. When the latter was dis- 
banded in February 1986, anny con- 
trol of the security apparatus was ef- 
fecthdy re-estabhibea. 

The numerous presidential candi- 
dates, including the half-dozen or so 
“centrists’’ with the best chance of 
winning, had weak to nonexistent 
power bases of their own to counter- 
balance the disconsolate Duvalierists 
and the increasingly ambitious army 
leadership. So these candi d a t es com- 
peted for popular support by pledg- 
ing retribution for past wrongs, thus 
increasing apprehension among Du- 
valierists and army officers. 

The manipulated election of Leslie 
Manigat as president in January led to 
a greater consolidation of army con- 
trol He was a respected imefiectual 
who had been tiving in exile, and the 
principal members of Ms cabinet were 
also returned exiles. This tended to 
alienate i he government from many 

r fied Haitians who had stayed in 
country through the Duvafier 

years. The Manigat government had 
no real power baa; within Haiti. 

In a somewhat obscure showdown 
with factions of the anny leadership, 
Mr. Manigat lost, and was flown to 
exile on June 20. General Namphy 
returned to the presidency only to be 
ousted, in turn, last month. 

The United States cannot control 
events in Haiti, short of a militar y 
invasion, which no one advocates. 
Nevertheless, it does have consider- 
able ability to influence the outcome. 

What does this mean for die weeks 
and months ahead? First, Haiti should 
not be ignored during the election and 
transition periods in the United States. 
Washington should make certain 
points clear to various sectors in Haiti: 

• Economic recovery and sustained 
development in Haiti are feasible in a 
relatively short time, even a demo- 
cratic government that is conqieteni to 
manage its economic prog rams Haiti 
has the great strength of its human 
resources: an able, self-confident cad- 
re of private sector leaders and techno- 
crats, a labor force wfifing to work 
hard and learn fast, and a culture 


based on family loyalty and mutual 


and family jinlrp with a half-nrilKnn 
Haitians m America can boost the 
development of Haitian exports, and 
thus the overall economy. 

• The United Sates stands ready to 
marshal grcalfy mcrea9ed internation- 
al suppott for a renewed irfocm effort 
in Haiti. Economic aid would focus on 
the enonnous needs in rural infrastne- 
tme, health care and education. Pri- 
vate sector support would promote 
new investment and job creation. 

• The need for democratic, compe- 
tent government is the central chal- 
lenge for Haitians, and the specifics 
can be worked out only among Hai- 
tians. In general, this would appear to 
mean some form of national condliar 
tion and unity. Respect for human 
rights and a stop to' violence must 
come first Cooperation among dem- 
ocratic groupings should focus on the 
future, not on past wrongs. The army 
would have to relinquish its historic 
dominance. Hie Duvalierist political 
network, which is far broader than 
the relatively few Maconte thugs* 
would somehow have to cease being a 
threat to democratic rule while offer- 
ing up the talents of individual mem- 
bras. 

Haiti bas a potential for democra- 
cy. as shown by the orderly plebiscite 
held last year on the new constitu- 
tion. Now, however, the issue rests 
largely on President Avril’s shoul- 
ders. He is a career military officer, 
tainted by his years under the Dnva- 
liers. But he is an intelligent man. 
shrewd enough to realize that mili- 
tary role has reached a dead end and 
that real democratic reform is imper- 
ative if the international community 
is to resume its economic support for 
Haiti. 

The writer, U.S. ambassador to Hai- 
ti from 1981 to 1983, is a senior fellow 
at the Center for Strategic and Inter- 
national Studies in Washington. He 
contributed this comment to the Inter- 
national Herald Tribune. 


^^^Sal^ctapons 

But when it comes to the issue of 
defense policy and U.&-5oviet rek- 

tions. Governor Michael Dnkabshas 
been riving disingenuousness a who.| 
new dimension- He is trying to soa% 

with the hawks while feeding with tne 

doves. The irony is that he must en- 
dorse the results obtained by Ronald 
Reagan while disavowing the means 
that were necessary to achieve them. 

It is no seoet that Mr. Dukatostong 

numbered twrnsrff among the 
opponents of nuclear weapons. Back 
in the days when there was an active 
movement for a midear freeze — the 
days w hen the United States was 
i h rt tn wi i ng , or promisixig, to deploy 
mtomediato-range missiles in West- 
ern Europe to offset the alrcady-de- 
plqyed Soviet SS-20s, while the Soviets 

on their side were engaged in a mas- 
sive effort to keep this from happening 
— Mr. Dukakis was a member of that 
movement in good standing. . $ 
Currently he teet e rs back and forth y. 
very dose to the edge of outright 

imilatPraTiqn offering an OCCaSKHial 

gracious nod to the Stealth bomber, 

weapons S s^^s C ^^ ! have been de- 
clared necessary to a modernized nu- 
clear deterrent: the MX, the Midget- 
man, the Strategic Defense Initiative. 
SDL he masts, wifi, among other 
disasters, smlc America’s already 
overburdened economy. His own de- 
fense policy is to strengthen what he 
deems to be the country’s shamefully 
neglected conventional forces. 

But the members of the peace 
movement who have all these years 
been advocating such a policy, and 
most especially Michael Dukakis, are 
now in something of a pidde. Having 
declared that the aims race in and of" 
itself would inevitably end in nodear 
war, they are now confronted with 
the achievement of Ronald Reagan, 
“warmonger” par excellence, who 
has succeeded in getting Mikhail 
Gorbachev to agree m principle to a 
mutual redaction of nuclear arsenals. 

One need not share President Rea- 
gan’s faith that aims reduction by.f 
itself will contribute to U.S. security'' r 
— many of us do not — to recognize 
that Moscow's concessions could 
only have resulted from Soviet wony 
about the renewal of U-S. military 

— a — .L. « n I 


administration undertook and mat 
Michael Dukakis opposed. 

Surety a mini in telligent enrmgh to 

have got himsdf nominated for the 
presidency knows what did actually 
bring the Soviets to the point of sen- 
ops negotiation: the upgrading of 
U-S. midear weaponry, foe deploy- 
ment of intermediate-range missiles 
and the decision to launch the SDL 
Mir. Dukakis dearly would prefer/' 
that his audiences skip over the ernes- 
turn of just bow the country nap- ’ 
pened to get where it is vis-J-vis the 
Soviets, wiring the ddwte, he ob- 
served that for 40 years Americans 
have regarded the Soviets as enemies 
and now Mr. Reagan has signed two 
arms control treaties with them — 
following which, without even a hint 
of what might have connected these 
phenomena in Ms mmrij he tamed on 
George Bush and demanded to know 
what he intended to do about the 
Soviet need for economic bdp. 

Leaving aside the almost comical 
tone of triumph in which Mr. Duka- 
kis issued this challenge, as if it were 
George Bush and not he who had 
been caught out in a contradiction, 
one can hardly blame him for his 
baste. Given the chance to think it 
over, people mjght have been remind- 
ed that h^ his ownviews on defense 

finding 1 adriLble to reach agreed 
meats, with America, would have had 

with rclitf < or*widi .oontenmt^r 

America's incapacity to grasp the real 

properties and .ugs of power. 

So it appears that Michael Duka- 
kis will go on until Election Day, on 
the one hand unable, lest it cost him 
the election, to be the foil-throated 
disanmer Ms true constituents want 
Mm to be, and on the other hand 

hemmed in and disarmed himself by 
the need to pretend that he means to 

beat Ronald Reagan and George 
Bosh at their own game. 

The truth is, however, that this is a 

game his ideas would disqualify him 

even from playing, let alone winning 

^The writer te executive director cf the 

Committee for the Free World. She con- 
tributed this to The New York Tones. 


100, 75 AND 50 YEARS AGO 


1888: Jack the Ripper? 

LONDON — The cauldron of mur- 
der still boils and bubbles. To-day 
{Oct. 4] the Daily Telegraph publishes 
facsimiles of “Jack die Ripper’s” let- 
ter and postcard. The handwriting of 
die two appears entirely different on 
a first inspection, bttt when examined 
carefully they show that probably the 
letter was written in the author's nat- 
ural hand, and the card in a dis guised 
one. Such expressions as “That joke 
about ‘Leather Apron’ gave me real 
fits," and “I want to get to work right 

/lu»nl " anH rha im nf ika 


here, who say that he won a long list of 

52? *»* “8 *ropgh before 

Oct 1. Whenever any moedufity was 
“pressed be said, “WdL suppose we 
mate a Bufc bet on iL" Hawjnany 
cases of cfaan^ngne, boxes of fine a- 


b very fond, win have to be sMrocd to 

the canal zone is not (mown. 

1938: Daladier Backed 

PARIS— “Dust Hitler, but keen vn^ 
powder dry." This sums op thefonSow 


a hoaxer or the murderer. 

1913: Canal Wager Won 

LONDON — Cokmri George W. 
Goethals, chief engineer of the Pana- 
ma fanal zone, is gwng to namg the 

one c? the fan^T^dicsses of the 
day, according to several Americans 


t rt5r odl - Ste- 

ms foe Czech costs. The 

Chamber of Dqmties approving 

pdky at the MoSS 

Conreroice by 535 votes to 75^5 sfe 

ESSS-Ss' 

-go* die goverumattlaSH* 
IAmfflumfonned theorigiaSp o 5 
lar Front Ministry in 










Can’t Hay 

B 0 U 1 ^ a ; 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 


OPINION 


A Boswell Waxes Nostalgic 
About Dinners With Andrei 


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By A. M. 

EW YORK — This morning I 
.V- w ? k * up with a deep sense of nos- 
talna. I was slunned when I suddenly 
realized who 1 was being nosialEk 
about Andrei Gromyko! ^ 

Mr. Gromyko and 1 go bade a lone 
time together, though I wonder some- 
times if he knows a thing about it 
But oh, whal we wentmrough togeth- 
er:. the walkouts from the United Na- 
noos — he leading, me following — the 
daily clash of minds between two men 
doomed to be political adversaries but, 
withal avilized in social encounter 
never forgetting to bow to each other 
. 'Clip lo malic dinners. 

**He was responable for my first pro- 
motion up the ladd er of journalism. 

ON MY MIND 

Dare 1 think that 1 played a role 
m his nse? I dare. 

As the years passed we drifted apart, 
Andre and I. Our lives took different 
— he on to be foreign minister, 
member of the Politburo and then presi- 
dent of the Soviet Union while I was left 
behind, just hanging around The New 
York Times. We became more and more 
separated philosophically and poGtically. 

I maintained my grumpy anitwtf toward 
totalitarian regimes, induing the Soviet 
Union's. Andrei and 1 were both Com- 
munists, only he was pro and I anti. 

/ Even Mikhail Gorbachev did not en- 
tirely cure me of suspiciousness. I still 
tend to peek undo: stones at everything 
Mr. Gorbachev does — in chiding the 
policy, so understandable to learned 
American Kremlindogists, of fostering 
Soviet democracy by gathering all Soviet 
power into his own hands. 

But, unlike me, Mr. Gromyko showed 
magnificent flexibility of mind. 

Under Stalin he handed it out hot and 
heavy to the imperialistic, treacherous 
West. But when Nikita Khrushchev 
came along, Mr. Gromyko was able to 
show the resilience that is the mark of a 
fine mind anywhere, and in the Soviet 
Union also a handy tod for survival. 

Not a cavil about the West passed his 
Ups. Indeed, once at a meeting with 
Prime Minister Harold Macmillan of 
Britain, Mr. Khrushchev waved at Mr. 
Gromyko and said thatifhe told him to 
sit on a block of ice; sit he would until 
bell or whatever, froze over. 

He remained wonderfully flexible un- 
der succeeding Soviet rulers and for a 
while seemed to be getting along just 
fine with Mr. Gorbachev. 

But then, one day, Mr. Gorbachev 
threw his arms around Mr. Gromyko 
'and whispered those words that, even in 
anticipation, make tough executives of a 
certain age whimper in misery: “Andrd, 

I deed your job. We have to make room 
foryounger men of talent." 
the fact that the younger man of 


Rosenthal 

talent in question was none other than 
Mr. Gorbachev perhaps was a balm to 
Mr. Gromyko's spirit. 

But when I read that my friend had 
been removed from the Soviet presiden- 
cy, I thought not of disputes but of the 
fine times we bad had together, whether 
be knew it or not. 1 recalled the day 
when he walked out of the brand new 
UN, the first of a series of walkouts that 
made “pull a Grom” part of the slang of 
the day, like “let’s roIL" 

I was a very young reporter on The 
Tunes’s city staff and, nobody else avail- 
able, was assigned to stake out the Sovi- 
et Consulate, where he bad holed up. 

Suddenly Mr. Gromyko emeraed and 
said be was going back to the UN. 

All the reporters ran for phones, bat l 
I hopped into a cab, pointed to the 
Gromyko limoosine and, so help me, 
said: “Follow that car." 

Mr. Gromyko did not go back to the 
UN but spun around town, my cab 
keeping up. He just wanted fresh air. As 
a reward for my initiative, ] was commit- 
ted to the UN bureau of The Times, 
there to remain for nine years. 

I became Mr. Gromyko’s Boswell I 
must say he never seemed to appreciate 
it Never once did he say a kind word to 
the young reporter. Is it possible be did 
not even know 1 was there? Was he 
bowing to scraebody da? 

Still I cherish the thought that 
perhaps I helped make him what he is 
today, or at least was until a few 
days ago. Mr. Gromyko was an appar- 
atchik. When he was told to denounce, 
he denounced. Told to make nice, 
he did his best Instructed to help 
cover up the true story of (he fate of 
Raoul Wallenberg, he did. 

He is not given to revealing his 
thoughts. Once some important Ameri- 
cans mvited torn to secret talks about the 
possibility of improving Soviet-Ameri- 

eao relations tn a Manhattan np»rtm«vt 

He listened. What be thought of it 
himself, knows God; certainly the others 
in the room never did find out. 

And the day he left the United States, 
after having roent 10 years in Washing- 
ton and New York, a rroorter asked him 
whether he had enjoyed life in America. 
“I worked here;’’ said Mr. Gromyko. 

So I guess I never will find out 
whether be ever gets nostalgic about 
me, and the old days at the United 
Nations, and all that 

The New York Times. 

Letters intended for ptAScadon 
should be addressed "Letters to the 
Editor” (Bid contain the writer's signa- 
ture, name and full address. Let- 
ters should be brief and are sub/ea to 
editing, We cannot be responsible for 
the return of unsolicited manuscripts. 






Health , Shmealth: Let’s Just 
Put a Warning Label on Life 


Q o a 









LETTERS TO THE EDITOR 

Olympics in the Larger World: Not All Rivalry Is Healthy ^S f “ u ? e ,ead fj rs of Wesle! 


Regarding ". . . and by the Way. Thanks 
for the 8 Basketballs ” (Sports, Sept. 20) 
and “ The New Olympians: Winning Is 
Everybody’s Business” (Opinion Sept 20): 

These two articles form an interesting 
contrast. The first, oo the suipriseopeo- 
rng- round victory of the Central African 
Republic’s basketball team, reads al- 
most like a fairy tale. A joyous player's 
comment, “We cannot know anything 
better than this," seems to me a perfect 
expression of the Olympic spirit 

The second article, in which Sanmri 
Pisar uses the “vigorous international 
rivalry" in the Olympic Games as a 
metaphor for the healthy spirit of com- 
petition in a “wide open” world econo- 
my, exemplifies the dangerous king-of- 
the-irill thtnlring that seems to dominate 
discussion of world affairs in this Amer- 
ican election year. Even as it emphasizes 
the emergHice of a new set of players, 

for economic survival” ignores tiu; fact 
that a soQd majority of the world's peo- 
ple are simply not m the race. 

The Seoul Olympics are the first 
Games I have viewed from outside the 
United States. 1 was able to join my 
neighbors in rooting for athletes who bad 
precious tittle chance of winning. Grant- 
ed, it was difficult to follow the Games 
when there was no electricity, as was the 
case the night 1 read the two articles, but 
these. things — power shortages and los- 
ing — arejust part oftifehere, as they are, 
Tm sure, in the Central African Republic. 
To my neighbors, and to the rest of 
the Third World, terms like “struggle” 
and “survival” mean something a bit 
more immediate than they do to Mr. 


Pisar. Michael Dukakis or George Bush. 

Some 160 nations were able to rend 
athletes to Seoul All were glad to take 
part, but not all expected to win. In 
economics as in sports, the tfaree-or four- 
way battle for the gold is only part of the 
story. The article about the basketball 
team is a wonderful story of inclusion. 
cooperation and participation; Mr. R- 
sar’s piece, on the other hand, is a loo 
familiar stray of threats and domination 
—of winners and losers. 

If we are truly interested in survival, 
perhaps we need to include the peren- 
nial losers in our plans for global pro- 
gress. The Olympics, and the worid, 
will be the better fra it. 

JON MILLER. 

Los Banos, Philippines. 

A GlasnostTest in Poland 

Regarding “ Once More, Poles Arise 
in Protest" (Opinion, Aug. 27): 

Thank you for the brave and sensible 
comment by A. M. Rosenthal on the 
recent unrest in Poland. 

For more than two centuries Poles 
have been threatened by their huge and 
aggressive eastern neighbor. Since 
Worid War n they have had to put up 
with the Quisling-type government im- 
posed on mem by the Soviets. Now, fra 
the first time in modern history, political 
fresh air seems to flow to Poland from 
the easl obstructed only by General 
Wojriech Jaruzdski and his cohorts. 

The time has come to test Mikhail 
Gorbachev’s intentions. A relatively 
prosperous and politically stable Poland 
is in the Soviets’ best interest If they, as 


well as the leaders of Western nations, 
exert just a gentle pressure oo General 
Jaruzdski to allow for internationally 
supervised, democratic elections in Po- 
land. that unfortunate part of Europe 
will be able to enter a new era, some- 
thing its people justly deserve. 

JANUS R. AVTVSON. 

London. 

Islam Is No Stranger There 

Regarding “In Pakistan, Obstacles to 
Democracy" (Opinion, Sept 2): 

Narco dra Singh says that India wants 
democracy in Pakistan because it 
“would give greater voice to younger 
Pakistanis, less obsessed with India rh^n 
their elders.” He is sadly mistaken. 
When the P akistani youth learn of the 
systematic persecution of Moslems in 
India they blame their riders for being 
silent spectators to tins tragedy. 

Moslems of the sobcandnent created 
Pakistan so that they could pattern their 
lives in accordance with the teachings of 
Islam. The idea that the Islanrizatkffl 
plan in Pakistan was aimrd at “altering 
the disposition of a whole people” is a 
figment of Mr. Singh’s ima gination 

MUAZZAM ALL 
London. 

No Big Brother Needed 

Although It must be hard for Ameri- 
cans to think anybody could get along 
without them, Jeane Kirkpatrick (“For 
a Collective Approach to Security in the 
Pacific,” Opinion. Sept 17) audit at 
least have allowed for the possibility 
of reasoning behind the stance of For- 
eign Secretary Rani Mangl&pus in the 


W ASHINGTON — On the second 
floor of the Washington Post 
building is the cafeteria, and next to it is 
the Health Center. Almost every day. 
taking instruction from my stomach. I 
go down to the cafeteria and pass the 
Health Center. Almost every day, the 
Health Center makes me sick. 

During the summer, for instance, the 
Health Center covered a nearby wall 
with a display warning of skin cancer. 

MEANWHILE 

From what I could tell more than two 
minutes in the sun would result, without 
a doubt, in skin cancer. There were. 1 
think, pictures of people who, having 
rushed outside to retrieve the cat. died 
almost instantly from the sun's effects. 

This sort of thing goes on year-round. 
There is not a holiday you can name that 


U.S.- Philippine military base talks. 
It may be that the Philippines would 


By Richard Cohen 

m die second will not prompt a display from the 
lington Post Health Center. Christmas is its favorite 
id next to it is holiday. To the Health Center — indeed, 
st every day. to health professionals everywhere — 


Christmas is not a joyous holiday but a 
debacle waiting to happen. Tis the sea- 
son of overeating and overdrinking Tis 
the season of great expectations and. 
therefore, great depression. Tis the sea- 
son of loneliness, anxiety, anomic, angst 
and, fra good measure, skin cancer. 

Next conies New Year’s Eve, which, to 
the Health Center, is a plague in disguise. 
Food and drink. More food and drink. 
We overindulge. Our cholesterol levels 
rise; blocking our hearts, which causes, 
precisely two days later, skin cancer. 

To me the Health Center has come to 
Symbolize all thm is unhealthy about the 
current health fad. Everything that was 
once enjoyable rums out to be unheatih- 
ful I speak, of course, of steak, which I 
love. I speak of butter, which I also love. 
1 speak of booze in moderation and, 
from time to time, in immoderation, 
which creates a temporary behavior 
change without which fife would be one 
vast treadmill from birth to grave. 

But life has its risks and perils. We 


derive greater benefit from having to something special from Christ- 

work for its money rather than getting a 111115 “d New Year’s Eve because they 
handout from the" bases; it mav be that ***» a ^ ler *th, spedaL We often expect 
the FElipmos want to know they can look 100 rauch - Bul once m a while 
after their own security without the need (Health Center, take note) Christmas is 
for a Big Brother nearby indy wonderful and New Year’s is a 

&J!eZ^#£S2£ 

Preston. Australia. ^ a bjt ^ cbol( ^o L ' 

1 know the Health Center means well. 
Footnote of History? But its displays fill me with foreboding. 

• I'harn in HA •Inlii.'iltr iVn lirvlH/t'air lk*ll 


her nearby troty wonderful and New Year’s is a 

Preston. Australia. ^ a bjt ^ cbol( ^o L ' 

I know the Health Center means well. 
)f History? But its displays fill me with foreboding. 

^ . There is no activity, no holiday, that 

r „ ^3 m P vens sooner or later I do not come to see as a 
mi trouble (Sept. 5): peril, a menace. As I pass the displays in 

produced such political the weeks before Christmas, 1 come to 


Lands Le Pen in Trouble " (Sept 5): 

France has produced such political 
figures as Philip Augustus, Henry IV, 
Richelieu, Mazarin, Talleyrand and de 
Gaulle. One can only hope that such a 
buffoonish mountebank as Jean-Marie 
Le Pen is a dttail historique. 

MARTON RADKAl. 

AmerUnd. West Germany. 

A Question of Allegiances 

Regarding “From Jem in America and 
in Israel, a Split Bailor” \Sept. 27): 

Wolf Bfa'tzer of the Jerusalem Post 
could hardly be accused ol anti-Semi- 
tism, but in his otherwise perceptive 
opinion column, he says that American 
Jews begin to think of pardy American 
issues only after they feel sure that the 
two presidential candidates are both 
safely pro-Israel. Does he realize die 
extent to which this remark, coming 
from such a respected journalist as him- 
self, is taken as confirming the worst 
suspicions of cynics in both camps? 

MILES COPELAND. 

Oxford, England. 


think there is no way I will survive the 
holidays. I kept a wary eye on the Health 
Center bulletin boards in the weeks pre- 
ceding Flag Day. What would they come 
up with? What about the dye used in 
flags? Ob boy! Just touch a flag and 
within a day or two you're a goner. 

How did the human race gel by before 
health centers? Here were all these people 
eating meal drinking booze, celebrating 
Christmas and New Year’s — and some- 
how they survived. Golly, they must have 
been a depressed lot! Their fives were a 
roller coaster of soaring expectations 
(“Pray, canst thou be my valentine, Pris- 
riHa?") and crashing disappointments 
t“Thou pleaseih me not, \files”). 

But it was life. It was life in all its 
uncertainty and unpredictability — a 
tough life fra most people, a struggle 
broken only by an occasional holiday. It 
was, in faa, holidays that helped pull 
them through. Now life is easier, but the 
holidays, like cigarette packs, bear warn- 
ing labels. Columbus Day is coming up. 
Take heed. It nearly killed Columbus. 

Washington Post Writers Group. 


GENERAL NEWS 


In Cape Town, a Rare Apartheid Debate 


By Christopher S. Wren The government presented its 
Ne»’ York Times Sc™* amendments as a bold new step in a 

CAPE TOWN — To a hushed {»X)cess of gradual change. Its iiber- 
andience, the Reverend Allan Hen- al critics contend that the amend- 

- drickse described in detail how his mems wffl usher in even greater 

- father’s “beautiful home" had been croelties, while conservative kgjsr 

- knocked down, brick by brick, latore see the door being left sgar to 


latore see the door being left sgar to 


mg white seats, and it excluded of the mixed-race National Demo- I 
South Africa’s black majority alto- cratic Party told Parhamem. “You 



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m , ;■ >V. . 

■ =•* ■ * ■ r?S v •* 


when their old neighborhood in Ui- Communist anarchy. 


tenhage was declared legal for 
whites rally. 


The amendments legalize some 
“free settlement areas" open to all 


gether. can make a 

Anti-apartheid political groups all the jaflr 
attacked the expanded Parliament never take 
as a fraud, and mixed-race and In- individual’ 
dian leaden who consented to run Charlie 
for Parliament, including Mr. Hen- Party legis 
drickse, were labded collaborators, uonal Part- 


can make all the laws, you can erect 
all the jails you want, but you can 
never take lie freedom out of the 


Charlie Green, another Labor 
Party legislator, reacted to a Na- 
tional Party heckler by xemonstrat- 


Mr. Heodrickse. the leader of the races, generally in neighborhoods 
mixed-race Labor Paly, was not haw already mcfficiaBy mte-. 


preaching to the converted at a £ 
church or anti-apartheid rally. He K 
was addressing the Parlia men t of a 
South Africa, whose wood-paneled ® 
chambers have seated the staunch “ 
defenders of white supremacy. “ 
“You can shake your head, but ° 
you stole my ground,” Mr. Hen- « 
drickse said, looking directly at the a 
disapproving members of the rul- 


grated. But they tighten up existing 
segregation provisions, dmrinatmg 
a prohibition on evicting anyone 
until alternate accommodations 
have been found and imposing 
harsher penalties fra violations, in- 
chiding the forced sale of a house 
that a landlord of one race rents to 
a tenant of another race. 


, r ... 

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jproving members of the rul- , ^ carton, suffusing the de- 
National Party, before the bate seemed mwitaWe. But it was 
ker, Louis Le Grange, ruled not quite what Pnadent Keter 1 W. 
oot of order fra characterizing Botha had m mind m I9M when 
:t of Parliament as theft his government tned to appease 
Urn rnhbfiri of onr birth- entics of South Africa s whiles- 


tiun ont of order fra characterizing 
an act of Parliament as theft. 

“We were robbed of our birth- 
right,'* the unrepentant Mr. Hea- 
dnekse persisted 
The drama was played out ax a 


repentant Mr. Hen- oofr legislature, the House of As- 
sembly, by creating a muted-race 
was played out at a chamber, the House of Representa- 

- Tr n hwc am I another smaller fWnim 


The elections were widely boy- ing that “h e must go and examine 
cotted, with fewer than 10 percent his roots,” a reminder that more 
of eligible voters turning out in than a few white South Africans 
some constituencies. Mr. Hen- have a black forebear rucked 
drickse’s own church and family among their ancestors, 
split over the isroe, said Iris son was probably the first time 
Peter, who also sts in the mixed- that many of the white legislators 
rarc chamber of PariiamenL had been made to sit as a captive 
But AUw Hcmdndtse, who led audience and listen to “people of 
the Labor party mtoKarnament for color,” as Peter Hendrixise called 
what he said was a five-year trial fhwT1 bare their inner feelings, 
penod, said he thought that parua- Some of the whites took the candor 
£S 0£f ‘ for ingratitude. 

^Vhite apartheid is looked upon . . . 

as a granite wafi," Mr. Heodrickse Ttomas “ 

said m an interview. “We said, in- ^^^“tfrom the rightist Xon- 
stcad of just bumping agains t the s^va^c Part y, compl ained of 
granite waB, lS^rtSping u Unworthy paiha- 

" — * * monfunf 1 u ntifi uon imnmrt nu n*tr_ 


What Hike about golf is the mom up.’ 


dumber, the House of Representa- 
tives, and another smaller forum 


away. 

Although some constituents still 
see their participation as a sellout. 


rare joint session of Parliament, Bves, aw anqmer smauer lorum 
whose three separate dumbos had fra ethmc Asians, the House of 
convened to debate new govern- Daegates. 


most of the Indian and mixed-race seemed moved. 


mentary langnage, unworthy par- 
liamentary behavior." 

Yet some other white legislators 


convened to debate new govern- 
ment legislation amending the 


The formula ensured a continu- 


legislators who rose to address the 
joint session did not sound canal- 
iatory. 


Group Areas Act whidi is the legal ing white m^onty by apportioning 
baas for the world’s most expbrit two mixed-race seats and one «h- 
residential segregation. me Indian seat fra every four exist- 


Albert E. Nothnagd, a maverick 
in the National Party, rose in the 
House of Assembly to say in Afri- 


“Whether you Hke it ra not, we kaans, “If I was a brown man, I 
are going to have black majority would reject the Group Areas Act 


conn try,” Peter 


majority 
a Mopp 


with my heart and 


Alec Issigonis, Designer of Mini Car, Dies at 81 


0VE\H- u-' 1 

«ra. »V-- x 

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The Associated Press 
LONDON — Sir Alec Issigonis, 

81, designer of the boat-like Mhn 
car that brought economical mo- 
toring to millions rf Britons, died 
/ , Sunday al his home in Edgbastoo. 
< ibe London Times reported Tties- 
1 day. No cause of death was an- 
nounced. He had been suffering 
from Parkinson’s disease. 

Sir Alec also designed the Morris 
, Minor, which wi^praJocedfram 

H948 to 1971 . He reared m 197 1 but 

worked as a consultant to the 
Rover Group until a year ago. 

Since they were introduced m 
1959 more tnan five million Minis 
have been produced. The fust Mini 
, was 10 feet <3 meters) lon& 
weighed about 

kilograms} and add for £496, less 

lhan $ 1^00 at *e time. 

With a transverse engine power- 

ins the front wheels, the Mini was a 

-radical shift in design. Its appear- 
ance has never greatly changed, 

Ramon Dorono, 82, ^ 

1 Ex-Ptrifippin* Politician 

: CEBU CITY. Philippines (AP) 
_ Ramon Durano, 82. a former 

congressman and bu»n^ !?“?• 

died of cancer Monday, his family 
announced. 


Danao, a city of 60, 0(X) people 
north of Cebu. Many Danao resi- 
dents were bom in Mr. Durano’s 
hospital worked in his factories, 
retired to his borne fra the elderiy 
and were buried in his cemetery. 

Bom to a prosperous Cebu fam- 
ily, he was elected as a representa- 
tives fawn Ceibu in 1949 and served 
until the legislature was abolished 
in 1972. fit January, Mr. Durano 
was elected mayor of Danao, de- 
feating his son Tbaddaeus. 

Sergei A. Losev, 61 
General Director of Tass 

MOSCOW (AF)— Sergej Losev, 
61, general director of the official 
Soviet press agency Tass, died 
Monday, the agency announced 
Tuesday. U did not give a cause of 
death. 

Mr. Losev had been in charge of 
the agency since 1979. He joined 
Tass is 1950 and worked as a corre- 
spondent and bureau chief in the 
United Slates and Israel. 

Mr. Losev was a membra of the 
Central Auditing Commissiou and 
lire Supreme Soviet, and a ddegale 
to the last two Ownmumsi Party 
congresses and the party confer- 
ence in June. 









3140F1 


... SI 




Sir Alec Issigonis, in 1969, with a Mini of Ins design. 


REMY MARTIN XO 

Exclusively Fine Champagne Cognac 

Only cognac made from grapes grown in Cognac's two best regions is entitled 

to be called Fine Champagne Cognac 







Page 6 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 19B8 


Ex-Hostage in Lebanon 
Flies to West Germany; 
He Is Silent on Others 


4 'U 


* 


By Nora Boustany 

Washington Poll Semce 

DAMASCUS — Mhhileshwar 
Sin gh, released by his captors after 
20 months in confinement with 
three American hostages, was 
flown aboard a U.S. military air- 
craft to West Germany Tuesday on 
his way to the United States. Da- 
mascus airport officials said. 

The Inman-born U.S. resident 
left the Syrian capital alone in late 

ev ening , leaving behind his wife, 
i nig Mani, who had driven from 
Beirut for a reunion after their long 
separation an Indian diplomat 
said. 

He is expected to undergo a med- 
ical checkup at a U.S. military hos- 
pital in Wiesbaden before traveling 
to the United Stales. 

Mr. Singh, a university professor 
who holds resident alien status in 
the United Slates, was freed in Bei- 
rut late Monday and escorted by 
Syrian intelligence officials across 
the Bekaa valley and into Syria. He 
was handed over to U.S. and Indi- 
an diplomats by Syrian officials. 

Three American educators kid- 
napped with Mr. Singh on January 
24. 1987, and with whom he stayed 
throughout his ordeal, are still de- 
tained 

Mr. Singh, looking drawn and 
und erwrigb t, d eclined to comment 
on the conditions or whereabouts 
of his three colleagues but said that 
while a hostage his "treatment was 
better" than he had expected. 

“But there is no substitute for 
freedom in the world,” be said. 

Mr. Sin gh struggled to maintain 
an air of dignitybut his voice be- 
trayed his hardships in confine- 
ment. He is a diabetic and has to be 
treated for high blood pressure. 


released. Mr. Singh said he was 
unaware of any American hostages 
other than the three Beirut Univer- 


sity educators he had stayed with. 

He explained: “I have been liv- 
ing with three friends of mine, three 
colleagues of mine, that's all. I 


haven’t seen anybody else. Mr. 
Robert Polhffl, Dr. Jesse Turner 
and Alann Steen. So we four were 
put together and we lived together 
all these 20 months." 

“It is better for me not to make 
any statement on that at all, be- 
cause we don’t know what might 
hurt them,” he added, hinting that 
the other three were not out of 


The U.S. ambassador in Damas- 
cus, Edward P. Djerejian, who of- 
fered his credentials to President 
Hafez Assad of Syria over the 
weekend, thanked the government 
of Syria “for its important role in 
the release of Mr. Singh." 

Mr. Djerejian pledged that ef- 
forts would continue for the release 
of re maining hostages. There are 
nin e Americans still missing in 
Lebanon. At least six of them are 
believed held by pro-Iranian fun- 
damentalist groups operating in 
Beirut and central Lebanon. 

“For too long, the hostages, 
those innocent persons, have been 
pawns in an inhuman and cruel 
political game of terrorism,” the 
ambassador said, while standing an 
the steps of the Syrian Foreign 
Ministry, in his first major public 
statement since he assumed his 
post. 

At the ceremony, the Syrian state 
minis ter for foreign affairs, Nasser 
Qaddoor, said Syria would pursue 
its efforts to assist in the liberation 
of all kidnap victims and “rejoice 



Japanese Questioning 
Whether Concern Over 
Himhito Is Extravagant 


To 


4 - 1 ,isa 


Htft rr^j • 

r 


By Susan Chira 

Stw York 71«« Service 


Ul such symbols haw become ev^ 
“flStbSuSe ^ this the first tithe 


peror the Japanese arc beginning Copied democracy aner iismxai 
Efasfc themseWes just how much b tojrW War IX. no Mcfa^feae 


to ask memsaves cn m worm **■ — . — ...tt; 

bis illness should influence toea ^ how far to go in ob«iym| 

lives. - ^^^fercnce to Hirofaha’s gosmS- 


eians. smgera 

to avoid offending ctw^watistod 
fans have canceled fund-raism* 



In the two weeks since Emperor j n deference to Hirahflo S con*- 

HJrehSo became gravely ill gov- lion, public figure^ 
eminent officials have canceled singers and acwrswroWant 

trhBabroad, and schools haw put to avoid offcndmgcon^^i^ 
oHannual autumn festivals. fans have canceled ™™n* 

Japan’s press has written of littte parties* weddmgsw other cebfe* 

-lea frffeme daily chans or the uons. . 

^-roivJiBl^LS and giving ac- Some Compaq bwomkmi 


Torrent in Southern France Kills at Least 10 in Nunes 


Cars swept by floodwaters after a freak ramstOTn blocked a 
street Tuesday in Nunes, a southern French city of 130,000 
people noted for its Roman amphitheater. At least 10 
persons were killed, and rescue workers said that they 


expected to find more bodies. French radio said five 
persons drowned in mud after 20 centimeters of ram fell m 
three hours on Monday. Another person was killed m a gas 
explosion. No details were available on the other victims. 


Reason Cautious on Hostages ^ 

O I Wai* rPJIPP 

_ . IV dal that rocked the Reagan VTUi M. 


wheneversBch efforts are crowned 
doinnoWf 1 9®* Five color ohotos released with 


silent," Mr. Singh pleaded. 

“1 cannot say anything that 
might go against one of the people 
who are still under detention." 

The academic said he did not 
know where he had been held or 
why he was the first one to be 


Talks Sought on East Timor 


UNITED NATIONS, New 
York — Portugal's foreign minis- 
ter, JoAo de Dens Pinheiro, said 
Tuesday that his country was pre- 
paring to send a d e l ega tion to East 
Timor to discuss the fate of its 
former colony. Indonesia has said 
that in absorbing the territory it 


Five color photos released with 
communiques issued by the Islamic 
Jihad in recent weeks showed the 
four captives in dark blue sweaters 
and jeans, drinking tea and 
wrapped in blankets, suggesting 
they were in a cool place far from 
the sweltering heat of Beirut 

Shiite sources in Beirut said re- 
cently that the group holding the 
four professors was acting indepen- 
dently from Iran and had sought to 
deal directly with the United States 
or through Syrian intermediaries. 

The string of camnmnigu6s by 
the underground organization had 
prodded the United States for posi- 
tive action regarding the rights of 
Palestinian people. It is not clear 
whether the group is specifically 


The Associated Prea 
WASHINGTON — President 
Ronald Reagan ruled out again on 
Tuesday any negotiations with the 
captors of nin e American hostages 
and said liberating; them remains a 
“great problem" ckspitc the release 
of an Indian captive. 

The White House tempered ex- 
pressions of pleasure at ice release 
of the Indian in Beirut with “the 
knowledge that nine innocent 
Americans are among those still 
held hostage in Lebanon." 


lem for os and it’s very much on our 

minds.” 

Mr. Reagan declined to specu- 
late on what move the United 
States might make to win the re- 
lease of me nine American hos- 
tages. 

“We’ve done no negotia t i n g on 


dal that rocked the Reagan 
presidency two years ago. 

The presidential spokesman. 
Marlin Firewater, insisted repeat- 
edly at his daflv briefing on Mon- 
day that “no deals" had been made 
to obtain the release of any bos- 


Said to Gain 


By Paul Lewis 

,Vrw York Tima Sendee 

UNITED NATIONS, New 


ta 8 cs - . . tage. When reporters reminded him UNITED NATIONS, New 

“We’ve done no negotia tin g on t j ial other officials bad made simi- y . foreign minis ters of 

that at aE,” he said, “and Fm not ^ slaiemen u before disclosure of , __ j raq ^ making slow pro- 
going to hazard a guess as to why ^ secret U.S. arras sale to Iran. Here on a permanent 

they turned him loose — not as Mr _ Fitzwater shot bade: settlement, according to dip- 


IVUaK pop*- _ . 

.Scenting views from people no 
may not approve of the nation even 
having an emperor. 

While many Japanese are clearly 
transfixed by *e Alness, others are 

que stio nin g whether the nati on is 
acting out of spontaneous concern 
or simply conforming to what peo- 
ple see as proper behavior. 

Over the last few days, citizens* 
groups, unions, newspaper colum- 
nists, intellectuals and even govern- 
ment officials have begun to ex- 
press concern that the nation is 
reacting too strongly. 

Some are wondering out loud 
whether such a reverent response is 
entirely appropriate for a nation 
that considers itself a democracy. 

“It can be said that the country 
has rather overreacted to the em- 
peror’s illness,” wrote Raisuke 
Honda, Yomiuri Shim bun s politi- 
cal editor, in a column that ap- 
peared Monday. “The present ex- 
cessive mood of self-restraint stems 
from the Yellow your neighbor 
psychology. Now, each of^us must 
follow his own judgment” 

Even in normal times, Japan is a 
place where adherence to outward 
formalities betokens inner sincer- 


they turned him loose — not as 
long as we've still got hostages 
there.” 


Iran and Iraq are making slow pro- lty. , . . . 

gress in talks here on a permanent With the emperor lymg seriously 


Schools across the country have 
either canceled schedu led fafo nfe 
and sporting events or banned dec- 
orations and fireworks it the festi- 
vals. 

Over the last few dayvtcttriarf 
group held a small protest in a 

cancellations; teachers’ unions 

called on their boards ofedncatkai 
not to caned school athletic meets; 
and a union of nussmo&wodEBB 
accused the press of having glori- 
fied the emperor rad Isin* failed 
to report any but respljpsESl reac- 
tions to his illness. . 

Several iotdlccm»j^» pA 
lished articles dccry^«puiiW 
lations as another o&pjp&of an 
unthinking conformity, nring the 
Japanese expression that roughly 
translates as “doing « the pecan 
on your right does. 

They point out that Japan’s con- 
stitution defines the emperor as 
“the symbol of the state,” ux* 
god. 

The newspaper Asabi Shrink- 
called the cancellations inappropri- 
ate. 

“The emperor, who has 80 politi- 
cal functions under the constitu- 
tion, should not be mixed ap in 
political matters or dcXbtafoasf 
it said in a recent cditoriiL / - 


. Fitzwater shot bade: peace settlement, according to dip- 

‘Since that episode, we learned a gJJs and UN officials. 


i ■ hi m mu UUV w* i ■ — 

very valuable lesson there, ana we Nevertheless, Foreign Minister 


had the support of the East Timor guerrilla faction or whether it was 
people and no further act of self- using the Palestinian cause and up- 
determination was necessary. rising as a cover for its real identity. 


W11CUKI LUb klVUVJ U9 juvii miM ij ■ 

linked to the PLO or any other apro-Iranian group. 

guerrilla faction or whether it was He said tiying to secure the re- 


using the Palestinian cause and up- lease of the nine Americans held m 
rising as a cover for its real identity. Lebanon “has been a peat prob- 


Mithilesbwar Singh, a Beimt attempting to manipulate the out- 
University professor who is a legal come of the U.S. presidential dec- 
resident of the United States, was non, Mr. Reagan smiled and said, 
turned over to the U.S. ambassador “Well, if they arc, I hope they’re on 
to Syria in Damascus on Tuesday, the right side." 

Mr. Reagan, in an exchange with , , - 17 e 

reporters, did not explain how Mr. ■ Mixed Impact for U.S. 
Singh’s freedom was obtained. But Earlier, Lou Cannon and David 
he again ruled out any U.S. deals B. Otiaway of The Washington Post 
with the captors, believed to be reported from Washington: 
apro-Iranian group. For the R e a gan ad m i n istration. 

He said trying to secure the re- the release of Mr. Singh was a i xd- 
lease of the mne Americans held in come development and a disturb- 


1 earned “to stay firm and steadiest 
and not to negotiate.” 

White House and State Depart- 
ment officials have zone out of 


Assembly on Monday to a scathing 
attack cm Iraq, accusing it of start- 
ing the Gulf War in 1980. using 


ment officials have gone out ot j n violation of interna 

e tiieir way in recent days to deter £ onal ^ dragging its feel in 

Mixed Impact for u.3. speculation that the United States negotiations. 

Earlier, Lou Cannon and David is talking with Iran about release of f^gn minister reaffirmed 

Oitaway of The Washington Post hostages in return for an inr.proi e- MmmilmeQt l0 a 1975 treaty 

ported from Washington: mem in diplomatic reunions. mandating joint sovereignty over 

For the Reagan administration, “There haye been no erect con- ^ ponjon 0 f the Shalt-al-Arab 
e release of Mr. Singh was a wel- tacts." Phyllis OaLey. a state ue- , wteTwav that forms the border be- 
nne devdopment and a disturb- partmmt spokesman, saic. reio- ween Iraq. 


Swede Vows to Cut Tax 
And Activate Economy 


UUIMl u»>- O P.n.f-n 

peace negotiauons. ... . 

The foreign minister reaffirmed STOCKHOLM — Pnme Mmis- 
l ran's commitment to a 1975 treaty ter Ingvar Carlsson pledged sweep- 
mandating joint sovereignty over ing changes for Sweden’s heavily 
that portion or the Shalt-al-Arab taxed citizens cm Tuesday as a key 

‘ . # -* 1 J — x.— aTKiv amv mmoritv vY*ifil 


nun poruon ui utt t: : — - . — 

waterway that forms the border be- ol^ecuve of his new tmnonty Social 


tunic UCVUUVUttiUi hsiu * * i — ; 'r . 

ing reminder of the Iran arms scan- ring specifically to the hosm. On 
Friday, sne aetued any mairect 


contacts. 

“If there is a third panv in 


tween Iran and Iraq. 

He also told the General Assem- 
bly that Iran “will never permit the 
Iraqi government to achieve its ag- 


of the United States government at JE. tSTift 


alL” a State Department official 
said. 


i?/ mu/i de Cartier 


Diplomats said Iran's return to 
the verbal offensive might be de- 
signed to please domestic opinion 


Democratic government 

At the opening of the Riksdag, or 

parliament, Mr. Carlsson also 
warned that Sweden, a neutral 
country, would not tolerate viola- 
tions of its territory. Sweden mmn- 
tains that foreign submarines fre- 
quently breach us waters. 


and introduce measures mtendc^ 
to stinwlate work and saving [ jP 
The prime minister ina am q w ' 
minor changes in his cabinet, in- 
cluding the appomunentrf a con- 
sumer advocate. La3a Frdvakh,to 
the politically sensitive post of jus- 
tice minister. i 

Two justice miarstenCvere 


Social Democratic adnafflautm 
in separate political afljlBl-Sfcn 
Widcbom was forced out aft® Swe- 
den's most notorious spy escaped 


Since md-SepiOTPer, me group m Irajl Bm ibey said ii may also be 
holding Mr. Singh ana three outer frygM w keep up international 


lenuy oreacn ^ while on an unsupervised o 

Mr. Carlsson said his proposed visit from jail Anna-Grcta 

1 — r ih, ... ■ .L. , 



holding Mr. Singh and intended to keep up international SES-pSKESE 

educators has issued mjmerous prcssure on Iraq to compromse SSed a 3 -pSSnUge point re- 
siatemems saying it is ready to re- ^ accept the Secunty Council s Auction next ywki lie marginal 
solve the hostage issue. • peace plan for the region. Ia3 , ^ additional levy on high sala- 

At the White Hou^. officials Diplomats and United Nations Under ^ p £o. Swedes who 

officials report that ihe Iraqi for- ^ paid 150,000 kronor (S23^ 18) 
«gn minister. Tanq Aaz, appears wiUte taxed at 47 percent instead 
wa* absorbed in the hostages fate w accqjt a proposal by Sec- ^ 50 per^nL 
and on the other that the admuus- reu i^eral Javier Pirez de _ P ™ . . . . . 

-* ««.Hf ftMANifiilfl to ilh. _ mm ■ « . • fl_ TUw tc infMnKI In n*- 


KM. V«ua«fVU r m «rau IIVIM JIMK IkMHO 

tax changes for Swedes, among the resigned over the unsolved 
highest-taxed people in the world, in l986of Mr. Carisson’s p 
included a 3-percentage point re- sor, Olof Pahne. T 

diiction next year in the marginal jvir. Carlsson also aonoobced i 
tax, an additional levy on high sala- to ban cWorofluorocaibcitt, 

rics. Under that plan. Swedes who ,h a r ham, the Earth's 

e paid 150,000 kronor ($23,518) protective ozone layer. The «- 
U be taxed at 47 percent instead nouncemem coincided with ihe 
50 percent. Greens party entering the Riksdag 

The reduction is intended to re- for die first time. It won 20 seat^ 


are paid 150,000 kronor ($23,518) 
will be taxed at 47 percent instead 


year. Other proposed changes 


Mr. Carisson’s party took 156 d 
the 349 seats in the Riksdag and 


jruu. vuim —— - * - — — — — — ■ . _l 

eventually would reduce income governs with the tacit support ® 
tn \re, increase capital gains taxes the 21-seat Co mm u n ist Party. 


tration was not negotiating to ob- 0 ,^ ^ u intended to break The reduction is intended to re- far tne first time. It won 
tain their release. ^ Uiat developed be- duce infintion, now at 6 percent a Mr. Carlsson s party togl56cf 

Several recent books have tween the two sides during their year. Other proposed changes the 349 seats inihe R ncaag 
quoted former Reagan adminisira- first round of peace pi Iks ioGeneva eventually would reduce income governs with the tacit aipp ort 
tion officials as saying Mr. Reagan last month. taxes, increase capital gams taxes ihe 21-seat Communist rarty. 

was so concerned with the hos- - 

tages’ plight at the time he ap- 

Siored his policy of not negouat- SOVIETS S Politburo Orders Overhaul of AgricultUTS 

mg with terrorists. J G 

Mr. Fitzwater declined to com- h.M.n orove d bv the Politburo would be formation about party and govt® 


i»li- f-iLtwaua UH.U 11 M iw wvur (Gi tinued from page 1) proved by the Politburo would be 

ment on the possible impact of a ' . _ , supplements of a sort to the main 

hostage release on ihe presidential uated on Tuesday is noL the first ^ gpyenunent newspapers, 

candidacy of Vice President since he became party leader. fravda and! Izvestia. 

George Bush, but While House of- (w u, Gorbachev’s first ex- ^ 

firials privately a^nowledged that periments in government reorgani- T ^jSS!££SS?FSSi 
the iSKie politically scns.uve. creation ml 985 of a Jada K^O"T«matiOti fram 


1 Izvestia. 


formation about party and govern- 
ment organizations and derisions 
should be made public. 


When the new publications will 
make their debut, and how fre- 


quently they will appear, was.) 
specified in the Tass account. ■■ 


UIUUUU »_v aiiw *i — O w 

paign date from early this summer eminent ministries were elimmai- 
when Robert B. Oakley, a former ^ and others consolidated, when 
National Security Council expert ihe committee was formed, 
on the Middle East who is now _ ^ gmwrnprit 

ambassador to Pakistan, wrote a There g . 

H^SffSnTSd^e^Ihe ^ |?SSSS5BS? 

1SSS. - 


ihe committee was formed. 


wary because or Mr. Reagan's well- 
known tendency toward optimism. 


because of bureaucratic inertia. 
The two new publications ap- 


CHILE; 

A Warning 


BAKER: Discipline Is Paramount 

(Coatinned from page 1) 2^,5^ 1™““ J 1 * candidat<; 


&wtu io r ui wfiinviww . 

Gromyko, retired, and four new 

si on and protect the candidate members were named. 


(Continued from page 1) devoid of issi 
ly and peaceful transition to de- duce a mamA 
mocracy," be said. said. “The si 

■ US. Welcomes Assurance 

The U.S. State Department said ^ abcuL F 
Tuesday it had received and wel- security and 
comed assurances from Chile that ^ tradition 
the outcome of a plebiscite on Gen- 
eral Pinochet nail be “respected." Mr. Baker 


we’re running a tactical campaign, 
devoid of issues, that will not pro- 

3 w fsttalKl ftilpp ” flH 


duce a mandate is totalN false,* 1 he, 

said. “The strategy is focused on 
the major issues that presidential 
elections are usually, and should 
be, about. For instance, national 
security and peace, the economy 
and traditional values." 


New York Tunes Service 


re-election 
Mr. Bus 


Mr. Baker sud Mr. Bush’s “spe- 


ntu riwA-uM wrn t-v — ~ — , - * - 

The Associated Press reported cific proposals on ddense, envi- 

. WWW • - ... Mfitnartt rtnifK FflPTflV 


two decades of Republkan efforts Manhattan gaflery that sold mac 
to define the electorate and plot than 1,000 fake Salvador DaSi 


from Washington. 

- The United States disclosed on 


1 flC UUIIGU JUira uiMVawi uni — - — — 

Monday that it had summoned the phasis on improving on the Reagan 
Chilean ambassador to the State record “will also serve as the baas 


Dqjartnwat to complain about re- for a mandate To bwstajiis ar- 


LWUUUCUl W Wiupriuu ^ - . , , . 

ports the government might cancel gument, Mr. Baker had the cam- 
{ul noli paign assemble a 12-page docu- 


PEARL TIPPED L 


vl CIGARETTES. 


■ Nobel Laureate Banned “[• ^ , 
Chile's military government has policy Pro 
baited Adolfo Perez Esquivel of itenis Mj. 
Argentina, a human rights activist supported, 
and a 1980 Nobel Peace Prize win- '7,. 
ner, from entering the country to Accoran 
obsem the presidmcial plebiscite, 


SS ceancsS 

£k£S 2 S= 

for a speech 00 universal ^ 

*“* “i^y. S* 1 * ^ **8“ clay Gafloy, employed sales 

S ^anol^T^vS ^ knowmg“what ttehcaith sons who ^ed^^ssure tde- 

ment, Lhronoiogicai uevemp- msuraneg ISSUC do — what vot- ofaone tahniou«toMl the bogus 

^l wtae '" 5aii,atop artin much t£ same wayt^t^ 

^ ^ prop0Md ^ Mr- a ^ c ? iend of ^ Wording to federal 

supported. nominee, has brought one new prosecutors. 

According to Republicans inside twist to the 1988 effort. In the past. In a SftJxwmt federal mriictmcnU 

and outride the Bush operation, the ca nd ida te' s traveling operation jfce defendants were diaigcd «« 

Mr RiVpt ic malrino iicp rtf ih» was tlh#» tnl« nMW iwnier the. r. i._i . 1 . n? u^^Midvr 


lowed to board a Chilean Airlines 
plane for Santiago on Monday at 
Buenos Aires, the Peace and Justice 
Service of Latin America said 


Bush has adopted the aggressive were made on the spot This year, 
packaging techniques used by because erf advances in technology, 
Richard Nixon, Gerald R. Ford Mr. Baker has turned the head- 


rad Mr. Reagan to exploit televi- quarters into the nerve center. 



One of Mr. Oorbacnev's nrst ex- ^ new journal Izvestia make their debut, and now 

the isroe politically sensitive. g^ttSSSlSSRK 

Reagan adnmnstration fears tiat new the transcripts of party meetings, ^ development related 

Iran might seek to exploit the hos- orgamzafion, the Stme A^In- fA)aat party lea ders toSei^SSSStast week, 

tay issue <hmng the election cam- dustnal Cpmnnuee. Sevonl gov- ^ ^ ^ archive JassrSSTuSd^ that Boos 

Lrad^^mMnsolidated, when The new government newspaper, 

le committee was formed. SSfillS 

Tljere is ^ geno^affKmrat rfJwilSfSSwtea. el republic since 1985. . 
nong Soviet economists and om- “» w ^ Kw 

als that the new super agency not ju Politburo said the publica- 

ily has failed to revitalize agricul- rifr^ wSe bSiit fonned in re- ^ Latvian ^ty*s^ Central Oun- 
ire but ^so has impeded K spouse » a iStion on openness ynonS 

scause of bureaucratic mertia. adoptedby rthe m 

The two new publications ap- June. The resolution said more m Mr Pum was named in (he no* at 


from his own mistakes. . . 

He is also using the “Silent Ma- 
jority” themes of fear and resent- , . V v m , j 
ment launched by Mr. Nixon in 4? Ill IN. X , UttirgM 
1968. the supply-ride economic V L.i J 

thMries off ererf by Mr. Reagan in In Fflkft liflll SflieS 1 
1980 and the Morning m Ameri- 
ca” fed-good aura <rf Mr. Reagan's Nw York Tunes Service 


VMI HH 

topm 


IN 


NEW YORK — Four people 
iting from have been charged with operating a 


tarritu ' 




The change, made Tuesday by 
the Latvian party’s Central Com- 
mittee, frees Mr. Pugo to take up 
work as bead of a newly reconsti- 
tuted party control commission. 
Mr. Pugo was named to the post at 
the Central Committee meeting 
last Friday in which three veteran 
members of the Politburo were dis- 
missed and a fourth, Andrei A. 


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taS^FE"? FORGE base, CaH- 
Officials am pa& 
SKShS 0 ? ^ P«»re therisinB Sut 

1‘iLSS^ 11131 Dl5Covcr Y has returned 
™»»ns tospro, titefuture of the space 
P”^an iis more m the hands of politicians 
the non president — than 
NASA and its engineers. 

Ghallen^r explosion, the 
has been clear ~io 

get the shuttle flying again. But the 32- 
montfa haws h^ postponed dedaons on 
tM more fundamental questions about the 
■tart of space program the nation wants 
and can afford. 

‘Pahaps the most fundamental question 
for the presidential nominees. Vice Presi- 

e icr 4 ??* B P sb Governor Mkhad 
S-^jDukakis, is whether an aggressive 
m —as opposed to a 

. U. , . , — ; — - “ about the current 

«““get leva — is a luxury the nation can 
tm longer afford. 

For more than a decade, advocates of the 
spBcenrogram have accused budget-mind- 
ed officials in Congress and the executive 


branch, as weD as in the National Aeronau- 
tics and Space Administration, of trying to 
buy a first-class space program al bargain 
rales. Now, they say, some hard choices are 
going to be unavoidable. 

A scries of studies have concluded that if 
the space program is to grow in any direc- 
tion, drastic budget increases win be re- 
quired. If it is to pursue only those projects 

NEWS ANALYSIS 

already on the books. NASA’s annual bud- 
— 510.6 bfllian — win have to double 
the year 2000. 


o ther magnificent adventure in the tradi- 
tion of the Apollo moon program — a 
man ned mission to Mars is the most popo- 
largoal — which they say would galvanize 
the people of the globe and energize a 
generation of scientists and engineers. 
Many favor cooperating with the Soviets 
ca such a project 

But another strategy is gathering 
' within the space co m muni ty. ' 
a farmer astronaut, and others argue 
that the nation must learn to walk in space 
before it tries to gaBop, 

Hus emerging school favors a methodi- 
cal buildup of a space “infrastructure” — 
Mr. Bush has supported the proposed development of new technology, research 
j»ce station and the manned space pro- in space biology and a mixed rocket fleet, 
gram in general. Mr. Dukakis has focused aimed at the establishment of a lunar base 


*tan one 


on the issue only recently, after Democrats 
in Congress pointed out the value of space 
station jobs m the key electoral states of 
California, Texas and Ohio. Since then, he 
has made several statements of support for 
(he project. 

But both candidates have nutin^/^f tha t 
budget constraints could prevent the coun- 
try from moving ahead with new undertake 


Some space experts say they favor an- 


as a stepping stone to an eventual Mars 
voyage. 

Both scenarios would require a manned 
space station, but not the same kind. 

The United States * od its international 
partners — European countries. Japan and 
Canada — signed an agreement last week 
to build a space station, based on a com- 
promise that could be modified in (he fu- 
ture to accommodate whatever major goal 
is chosen. Meanwhile, it will be used for 


scientific experiments. But critics say it 
embodies many of the same mistakes that 
shaped the shuttle. 

The shuttle’s primary employment for 
the mid-1990s is to build the space station. 
If the station is tilled or drastically de- 
layed, the shuttle may be idled. On the 
other hand, if the station is built, it could 
be disastrous to continue to rdy primarily 
on the shuttle for that purpose, given its 
risks and costs. 

A growing number of space advocates 

recommend flying the shuttles only on mis- 
sions that require hnmanq in order to de- 
crease the odds of another fatal accident. 

NASA officials have staled their support 
for a balanced fleet, less dependent on the 
sbuttie, but so far have ordered few un- 
manned vebktes. The shuttle and the space 
station are exposed to use up most of their 
budget, unless h is increased. 

The shuttle, the only vehicle the United 
Stales has that can take people into space, 
has a wefl-defined job for the next four or 
five years: playing catch-up. The flight of 
Discovery has proved that NASA’s new 
management, new lines of communicar 
tions, safety precautions and hardware de- 
signs, put m place since Challenger, can 
work. 


NASA must stiD demonstrate that the 
new system can continue to cape better 
than the old one did with the enormous 
pressures inherent in the enterprise, which 
are already crow din g in again. 

Ground teams at theKonedy Space 
Center in Florida are completing process- 
ing of the orbiter Atlantis for lift-off with a 
military satellite on Nov. 17. The 27th 
shuttle flight has the tightest schedule on 
the manifest any tune soon, according to 
NASA’s chief of space flight. Rear Admi- 
ral Richard H. Truly. 

“So you’re going to see on one hand the 
iron-dad insistence that we're going to do 
it with the same rules we used on Discov- 
ery,” Mr. Truly, a former astronaut, said in 
an interview. “But internally, you're going 
to see a lot Of pressure to get it launched? 

Waiting in line for an April or May 
launching is Magellan, a robot mistion to 
Venus. If it misses its 20-day window, it 
wifl have to wait 18 months on top of the 
years of delay it has already endum. 

After that cranes a string of other scien- 
tific missions, including the giant observa- 
tory known as the Bubble Space Tele- 
scope, and several high-priority secret 
Defense Department payloads, each with 
its owu pressures. 


AMERICAN 






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TOPICS 

How New Mothers 
Can Help Each Other 

“The much-vaunted tonrii- 
,/*ness of the long-distance runner 
lr is nothing compared to that of 
the new mother,” Sandy 
Rovner writes in The Washing- 
ton Post’s weekly Health maga- 
zine. “The world has come 
down to her baby and a land of 
ongoing, unreasoning terror in 
her heart that something isn’t 
right and it’s her fault” 

But when there is no extend- 
ed family — grandparents, 
aunts, in-laws — to torn to. Par- 
ents After Childbirth Educa- 
tion, or PACE, can help. 
Founded in Washington, D.C, 
in 1973, PACE has spread as far 
as New Orleans. Usually, a 
PACE group consists of no 
more that 10 mothers plus then- 
infants, and a trained leader. 
The leaders usually are mental 
health professionals, and an of 
them are mothers. 

The groups meet one mom- 
ing a week for eight weeks. They 
share experiences and ask quo- 
tums. One evening session in- 
dudes fathers. The total cost is 
$80 per family. PACE is non- 
profit; the money goes for 






“It was a Hfeline,” one new 
mother, J31 Zaldow, said of her 
PACE group. 

So-called “baby blues,” or 
postpartum depression, “may 
affect to a greater or lesser ex- 
tent up to 80 percent of new 
mothers,” Mra Rbvner reports. 
“The support of a PACE group 
may be as simple as misery 
loves company. But the mothers 
testify that just getting dressed 
op to go out with the baby is 

diEoiflj.” 

Notes About People 

After polling college officials, 
US. News £ World Report 
magazine has rated Yale the 
best U.S. university and 
Swarthmore the best ttberal- 
ans college. Yale is the alma 
mater of the Republican presi- 
dential candidate, George 
Budk and Swarthmore, of ms 
Democratic opponent, Michael 
S. Dukakis. 


Justice Thngood Marshall of 
the UB. Supreme Court, ex- 
pressing mild annoyance over 
periodic reports that, at 80, he 
will shortly be leaving the 
bench, told a recent interviewer, 
*T m going to quit al the end of 
my term.’’ Justices, of course, 
serve for lift 

Short Takes 

Massachusetts has become 
the first state toproldbit newt; 
faked police officers and &e 
fighters from smoking on or off 
die job. A growing number 1 of 
municipalities have similar re- 
strictions on public safety em- 
ployees. The prohibitions have 
raised questions on the extent 
to which governments can dic- 
tate what people do an their 
own time. But there have been 
few court challenges. A widely 
cited derision by a federal ap- 
peals court in 1987 affirmed 
such governmental action. 

Barbie, who has rated fire 
fashnn-dofl market far most of 
her 29 years, has a new rival: 
Maxfe, produced by Hasbro 
Inc^ the leading U.S. toy mak- 
er. Hasbro has sunk most of its 
57 million promotional budget 
this year into TV commercials 
starting this month for Mane, a 
fresh-faced California high- 
school giri who, Eke Barbie, 
dotes oo sports and the beach. 
Maxie dolls cost from $5 to 5 12, 
but extra outfits and accessaries 
can ran the cost far higher. At 
Mattel Inc^ a spokeswoman 
said, “Our Barbie line is stron- 
ger than ever,” including rate at 
$ 14.99 that comes with her own 
bottle of fragrance and “a Cali- 
fornia Barbie, which comes 
with a Beach Boys record you 
can’t get anywhere rise.” 

The Los Angetes PubSc and 
Coastal Protection Om a nittre 
is promoting a city referendum 
that would permit offshore oil 
drilling. While acknowledging 
that the $445,000 it has received 
in contributions included 
$395,000 from Occidental Pe- 
troleum Com, it issued a state- 
ment that “our campaign has 
received 139 separate financial 
contributions; 140 of them woe 
not from Occidental Petro- 
leum.” The Los Angeles Times 
suggested a recount. 

Arthur Higbee 


Myerson Melodrama Obsesses New York 


By Howard Kurtz 


NEW YORK. — Even by the 
standards of a diy fixated on soap 
operas of the rich and famous, New 
Yorkers have been feasting on the 
Bess Myerson sagji with a special 
fascination bordering on glee. 

Her rise was so stunning far so 
long — firan a Bronx housing proj- 
ect to Miss America of 1945, from 
television star to top city official 
and confidante of Mayor Edward L 
Koch — that her equally spectacu- 
lar fall is being gossiped about, 
dissected and photographed from 
every conceivable angle. 

buss Myerson’s trial, winch be- 
gan Tuesday, is the stuff of winch 


her di- 

vorce case by riving aatyjob to the 
emotionally disturbed daughter of 
thepresufing judge. 

From the moment the first po- 
tential jurors were questioned. 
Miss Myerson has been pursued 

relentlessly. 

Here she is, descending tire stairs 
to die Lexington Avenue subway 
on her way to court, t railed by 
popping flashbulbs. There she is, 
kisstag her jailed companion. Cad 
A. Capasso, die second player in 
the love triangle that led to Miss 
Myason’s six-count federal indict- 
ment. There she is again in tire dark 
sunglasses, emerging from a limon- 
sine and greeting onlookers outside 
the courthouse. 

Why tins obsession? 

“For a long time Bess Myerson 
was a woman who could do no 
wrong and who sort of symbolized 
New York City success,” said Gty 
Councflwoman Ruth Messages. 

“In an era when there was a seat 
deal of question about bow Irigh 
Jews could rise, there was Bess 
Myerson as proof you could get to 
the lop. She achieved a kind of 
permanent fame. She became a 
quasi-mythic character. Then it be- 
gins to crumble. 

“That stirs the juices of people 
who said, T always knew she 
couldn’t be that perfect’ ” 

MissM 

protested Her innocence, 
to 30 years in prison on charges of 
obstruction of justice, mail fraud, 
conspiracy and bribery-related 
charges. She was forced to resign as 
Mayor Koch's cultural affairs com- 
missioner last 

The public 



BessMyersou 


sou, 64, who once proclaimed her- 
self “Queen of toe Jews,” has 
brought forth a torrent of reports 
about her erratic behavior. A 1980 
police investigation, far example, 
found that after hex romance with a 
financial investor ended. Miss 
Myerson made abusive phone calls 
to toe man and several of his female 
friends and sent the women up to 
50 anonymous letters. 

Miss Myerson’s relationship 
with Mr. Capasso, 46, a millionaire 
sewer contractor, began sometime 
after her unsuccessful 1980 
campaign. Mr. Capasso, who is 
now serving a four-year term fer 
tax evasion, gave Miss Myerson 
“money, jewelry, vacations, fnr- 
mshmsf and the use of Ms Gfaanf- 


f eared limousines and credit cards, 
according to the indiennem. 

In late 1982 Mr. Capasso’s wife, 
Nancy, took Mm to court in what 
would become a S15 million di- 
vorce cast She accused her hus- 
band of having viriqusly beaten her 
after a confrontation over Miss 
Myerson- Mr. Capasso was ordered 
evicted from the couple’s Fifth Av- 
enue apartment 

The divorce case was assigned to 
Hortense W. Gabel, now 75, then a 


rhnul 


Garcia’s Austerity Moves Provoke Anger in Peru 


By Michael Smith 

H'asiuitgwn Peal Service 

AYAV1RL Peru — Thousands 
of peasants converging recently on 
./this town 800 kilometers southeast 
of Lima for the anoual market day 
blocked access by digging trenches 
and rolling boulders onto the 
roads. 

They and the townspeople then 
.mounted the area’s hugest protest 
. in memory, denouncing big price 
increases decreed by the govern- 
ment of President Alan Garda Pfc- 
rez in early September. _ 

"“We understand that pnees have 
to rise," Raudedndo Bautista, a 
ji wtM t federation leader, said last 
week, “but the prices for oar pro- 
dime have not risen in the same 


years ago Mr. Garcia 

swept to an electoral victory m tire 
zone by offering peasants a betto - 
deal for their crops and livestock; 

land 


to resort to harsh austerity mea- 
sures. They slashed subsidies and 
put in prase a program perhaps 
more drastic than anything pre- 
scribed by the International Mone- 
tary Fund, which Mir. Garda has 
frequently portrayed as a bogey- 
man. 

A complicated multitier ex- 
change rate was replaced with a 
single rate of 250 intis per UK 
dollar, doubling and tripling the 
prices of essential goods such as 
gasoline, medicine, bread and 
cooking oiL 

Overnight, xwariy a third of an 
average wage earner’s salary was 
wipcdoul. Inflation is estimated at 
100 percent per month. 

Because of the inflation and a 
predicted 5 percent drop in the 
gross domestic product, fanner Fi- 
nance Munster Javier Siva Ruete 
and other economists are saying 
that the g o vernment will have to 
turn the isolated measures into a 


opposition has been notably cau- 
tious. 

When speculation, arose about a 
possible military coup, the defense 
minister, General Ennque Lopez 
Albojar, reaffirmed the armed 
forces’ loyalty to tire constitution. 

Yet Mr. Garcia, whose populari- 
ty rating was pot al 95 percent after 
ire took office in 1985, now faces a 
78 percent disapproval rating, ac- 
cording to fire <MHie polling firm 
lire government may als> have 
to reverse other pofides. Last week 
in West Berlin, Finance Minister 


Abel Safinas spoke with the IMF's 
managing director, Michel 
Carodessos, an toe possibility of re- 
establishing normal relations. 

When Mr. Garda took office, be 
announced that Peru would not 
deal with the IMF and would not 
use mare than 10 percent of its 
export earnings to service its for- 
eign debt. In raid-] 986 he also or- 
dered Peru’s central bank to stop 


debts. 

Peru is about $750 million in 
arrears to the IMF. 


■u. 

iiiiai.' |,jl 


agrarian reform. Now, _ protest 
strikes and outright p iD agi n g h ave 
disrupted this iwym known as 
puna, cm the Weak steppes of toe 
high Andes. 

The bitter economic meonse 
was forced on the^vOTMtitm 
early September when Mr. Gratia 
and his advisers ran out of hard 


for those adversely affected and a 


The government has bad to 
backtrack, on an announced price 
freeze and may have to devalue the 
inti again 

The reaction has been outrage. 

But, despite toe peasants’ demoor 

sCration m Ayavm, the organized 


'.1 


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It wasn’t simply 
a matter of life or death. 
It was more 
important than that. 

The first highland malt whisky in Scotland to 
be given a producers licence under the 1823 Act was 
The GhnUret? Rival whisky makers were so jealous 
that they threatened to burn Tie Gitft/irci Distillery 
to the ground. 

So lr was guarded night and day by George Smith, 
The Glenliret's founder, with a brace of pistols. 

To protect his precious whisky 
he was prepared to lay 
down his life . 

Of course, no whisky 
on earth is worth such a 
sacrifice. 

But perhaps in the 
case of The GJenhret? 

Hie Glenbvet* 

_ 12 years old single malt wkisky 

tftr Cfcnhrei aon CMw *jv- p: 



state judge in Manhattan. In July 
1983, Judge Gabd cut in half toe 
$2,000 a month in alimony and 
daBd support that she had previ- 
ously ordered Mr. Capasso to pay 
his ex-wife. 

A month later Miss Myerson 
hired toe Judge’s daughter, Sukb- 
reet Gabd, now 39, as a S19,0QQ-a- 
year special assistant in the Cultur- 
al Affairs Department. 

Prosecutors, whose case is 
ty drcumstantiaL »n< y that 
job amounted to a bribe and that 
Miss Myerson celebrated the ali- 
mony reduction with the Gabels, 
charging (tinner on Mr. Capasso’s 
credit card. Mr. Capasso and Judge 
Gabel are also defendants in the 


The trial has political signifi- 
cance as well, since the acerbic Mr. 
Koch has been fon wrishmg in the 
polls (48 percent disapproved of 
him in one recent survey, a record 
high). He has been closely identi- 
fied with Miss Myerson since his 
1977 election as mayor, a contest 
that many believe be would have 
lost without the former Miss Amer- 
ica campaigning hand-in-hand at 
his side. 

“Far those people for whom a 
potential bachelor mayor raised 
some anxiety, there were sugges- 
tions that for all we knew, the^ust 
might decide to get married,” said 
Coondlwoman Messinger, one of a 
dozen potential challengers to Mr. 
Koch's re-election next year. The 
marriage faints turned out to be a 
political ploy. 

On toe stand, Mr. Koch is ex- 
pected to repeat his account that 


Miss Myerson, through “sheer fab- 
rication,” misled him about Sukh- 
reet Gabel’s hiring during an inter- 
nal inquiry. But the trial could 
serve to remind voters of the cor- 
ruption scandals that have plagued 
his third term. 

Sukhreet Gabel, who suffers 
from depression, has emerged as an 
instant celebrity of ha own. Al- 
though ha testimony may help 
send ha elderly mother to jaQ, she 
has been doing endless rounds of 
press interviews, even appearing on 
WNBC-TVs “Live at Five” 
the jury was being picked. 

“Seldom has a genuinely tragic 
satnation seemed to be so obviously 
enjoyed by one of its chief protago- 
nists the columnist Liz Smito 
wrote in the Daily News. 

The trial could turn on toe credi- 
bility of Sukhreet Gabd, whose 
mental history and strange rtsum£ 
are certain to be aired at great 
length. 

“She could say things that could 
be very damaging^ said a New 
York defense lawyer, Thomas Puc- 
cio, who has represented celebrated 
defendants in other cases but has 
no involvement in this one. “Pre- 
sumably she had conversations 
with Bess Myosao and ha matter 
that could pot a very bad spin on 
the facts.” 

With the trial expected to last 
until Christmas and press passes 
(he hottest tickets in town, the case 
could have a longer run t han souk 
B roadway shows. And with (me 
book already in the works, can the 
TV doendrama be far behind? 


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-TBlFROM the archives of the^-J 

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Address— — 

Gty /Code - 1 


Country. 


5 - 10-88 



Page 8 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 


Estonia Hums as Cadres 
Of Political Reformers 

Gather and F ulminat e 


U.S. and Soviet Veterans Share the Pain of Unpopular Wars 


By Michael Dobbs 

Washington Pea Service 

TALLINN, U.S-SJL — Repre- 
sentatives of grass-roots political 
groups from around the Soviet 
Union have met here in the capital 
of Estonia and denounced what 
they described as attempts by the 
Communist authorities to prevent 
them from organizing freely, gain- 
ing access to the mass media and 
participating in elections. 

Complaints of official harass- 
ment and even of persecution were 
aired at the meeting Monday, 
which was attended by members of 
about SO informal political organi- 
zations from areas of the Soviet 
Union as diverse as the Ukraine to 
the Soviet Far East 

The gathering foQowed a week- 
end congress of the Estonian Popu- 
lar Front a mass movement that 
adopted a platform of radical re- 
form calling for, among other 
things, free elections, property 
guarantees and an end to compul- 
sory military service. 

m contrast to Estonia, whore the 
Popular Front has emerged as a 
powerful, legally recognized body, 
similar movements in other Soviet 
republics have experienced great 
difficulty organizing and acquiring 
legal status. Legal registration is 
essential for any group that wants 
to present candidates for elections 
scheduled for next spring to newly 
constituted national and provincial 
legislatures. 

Many participants at the meet- 
ing condemned what they de- 
scribed as “an information block- 
ade" imposed by the central Soviet 
nvdia oq news of the political de- 
velopments in Estonia. Newspa- 
pers in other Soviet republics have 
carried only sparse raerences to 
the Esto nian Popular Front, which 
has demonstrated its mass support 
with meetings attended by as many 
as 300,000 people. 

“A decision must have been tak- 
en at a very high level not to pro- 
vide information about what was 
happening in Estonia," Rem Blum, 
a professor at Tartu University and 

Ulster Car Bomb Kills Jafler 

Reuters 

BELFAST — A prison officer 
was killed Tuesday when a bomb 
went off while he was sitting in his 
car in a residential area of east 
Belfast, the police said. 


a founder of the Estonian Popular 
Front, told the gathering Monday. 

Blum and other speakers said 
they hoped a major realignment in 

the Kremlin leadership last week- 
end would result in a more tolerant 
attitude toward informal political 
groups. 

Informal political organizations 
began appearing in Moscow and 
Leningrad last year in support of 
Mikhail S. Gorbachev’s program of 
perestroika, or restructuring of So- 
viet society. Initially made up in 
most cases of no more than a half 
dozen people, they gradually grew 
by f or min g alliances with other 
groups ana by attracting new sup- 
porters through rallies and demon- 
strations. 

The meeting here Monday pro- 
vided a unique opportunity for 
members of groups scattered across 
the Soviet Union to exchange in- 
formation, and when not listening 
to speeches, they swapped address- 
es, circulated crudely produced 
leaflets and signed petitions. 

The Moscow-based Democratic 
Perestroika Movement collected 
signatures on one petition de- 
nouncing a July government decree 
that imposes severe restrictions on 
the holding of meetings and dem- 
onstrations. Local authorities in 
many parts of the country have 
used the decree, which was rushed 
through the Supreme Soviet, or na- 
tional legislature, without public 
debate, as a pretext for declaring 
illegal all but the most innocuous 
public gatherings. 

The petition, winch described 
provisions of the decree as a viola- 
tion of the Soviet constitution, has 
already been signed by about 500 
leading intellectuals, including the 
Nobel Peace laureate, Andrei D. 
Sakharov. 

Estonia is the only Soviet repub- 
lic in which the authorities have not 
made any use of their powers under 
the July decree. Street demonstra- 
tions have become a daily occur- 
rence and have been used by the 
Popular Front and other informal 
groups to win release of political 
prisoners and force repeal of un- 
popular government Harkinnc 

At die opposite aid of the spec- 
trum of official tolerance are Soviet 
towns such as Kubishev in central 
Russia where members of informal 
groups are routinely refused per- 
mission to bold meetings or distrib- 
ute leaflets. 


By Esther B. Fein 

New York Tana Service 

MOSCOW — Hie tabic was 
covered with food and drink, and 
the men were sitting around it, 
inuring of their soldier days. 

Silverware clattered and glasses 
tapped in fraternity, until one of 
the men recalled how eerie the 
nights were. And in the sudden 
silence, they all re m e m bered. 

“It was so quiet then,” Shad 
Meshad said. “It felt like the war 
had stopped.” 

“Only you knew it hadn't real- 
ly,” Grigori Sbtirtin said. 

“Exactly,” Mr. Meshad said. 
“And you kept wondering when it 
would all start up again." 

Thais were wars fought in dif- 
ferent decades, in different conn- 
tries. Mr. MeshatFs fearful nights 
were in the jungles of Vietnam, IS 
years ago; Mr. Shtirlin's were in 
the mountains of Afghanistan, 
from which be returned last De- 
cember. 

The two men met last week in 
Moscow, when a group of eight 
Vie tnam veterans came to the So- 
viet UnioQ to speak for the first 
time with Soviet veterans of Af- 
ghanistan and to share with them 
their experiences about dealing 
with the physical and emotional 
wounds of an unpopular war. 

“Our wars were different, but 
our stories, they are the . same," 
said Igor Yepufanov, a 23-year- 
old student at Moscow State Uni- 
versity, who came bock from Af- 
ghanistan in 1985. “I have friends 
I have never spoken to like this. 
But these guys, they are like my 
brothers. They know." 

The wars in Vietnam and Af- 
ghanistan are not comparable on 
many levels, veterans from both 



f Our wars 
were different, 
but our 

stories, they are 
the same , 9 said 
a student who 
came back 
from 

Afghanistan in 

1985. 


ERbs a Foa/lte New Y«k Time* 


Shad Meshad, a Vietnam War veteran, looks at a scrapbook kept by Alotamk* Lavior, crater, who 
fought in Afghanistan, whole another Afghanistan veteran looks on daring their Moscow meeting. 


countries said. The politics dif- 
fered, and so did domestic sup- 
port for them. 

But ibe wars coincide at one 
painful point, they said: in the 
trauma and confuaon of soldiers 
who returned home from a ques- 
tionable and prolonged war 
fought in another country, for an- 
other people's freedom. 

To address those problems, the 
American veterans arrived with 
spedahsis in psychology, comput- 


ers and artificial limbs. They have 
been conferring with Soviet offi- 
cials and veterans, first in Moscow 
and now id Leningrad. 

In Moscow, there were work- 
shops on post-traumatic stress 
syndrome and alcoholism and a 
visit to a military hospital, where 
Afghanistan veterans who had 
lost limbs were fitted with pros- 
tbeses. 

There were also news confer- 
ences, tears and dinners. 


All those events were important 
to the visit, the veterans said, bat 
they were formalities. The most 
revealing and rewarding time, 
they said, has been outride the 
official program — when a group 
of veterans sat around a hotel 
room talking and a disabled 
American veteran removed his ar- 
tificial legs, when a Soviet veteran 
introduced anew American friend 
to his mother, when American 
and Soviet veterans spent a night 


in a Moscow apartment sharing 
stones. 

“We need your bdp, your expe- 
rience,” said Alexander Kalan- 
darishviH, who invited a group of 
American and Afghan veterans to 
his home in Moscow. “There is so 
Trmrh hurt of US.” 

And one by one that night, each 

mini, Amman and Russian, told 
his story. The langnage barrier 
seemed to matter little. Before a 
translation was complete, the oth- 


ers were nodding tbor beadsji 
understanding, or reaching tb«r 
arms across the table m an em- 
brace. f" 

The veterans told sanies of 
caning in alcohol and drug^At 
their comments mid reac- 
tions were so alike, only 

dis tinguished who was speaking 
of Vietnam and who of Afgham- 

sian 

“Every one of us there, trial 
drugs." Mr. Kalandarishvfli sara. 

“Evew other one was an occasion- 
al user and every 10th was a regu- 
lar nser.” 

“Many of our rays became i al- 
coholics and addicts," said Mr. 
Meshad, who is executive director 
of the Vietnam Veterans Aid 
Foundation, a nonprofit organi- 
zation in Calif ornia. “And 
of our were after thfri 

war, when vets couldn't cope and 
took their own lives. We draM 
want to see that happen to you.” 

It was not lost on any of these 
men they might have been 
fighting against each other if the 
wars they tad been in had spread. 

But somewhere in surviving, in 

enduring the pain of rejection and 
rehabilitation, the veterans found 
a wwwwn ground in these wars 
flip! rhtdr governments could not. 

“During the war, 1 drove over 
an American-made mine, and 
spent half a month in the hospi- 
tal," Alexander Lavior said. “My 
frvmte vrere killed by American 
weapons, and for a long time I 
very angry at all Americans. 
When I got back, away from the 
war itself, 1 realized our Soviet 
guns killed people, too. They 
probably killed same of your 
friends in Vietnam." 


By Warren E. Leary 

New York Tima Service 

WASHINGTON — An influen- 
tial advisory committee has recom- 
mended that the U.S. government 
for the first time approve the trans- 
planting of foreign genes into hu- 
man patients. 

In the proposed experiment, a 
major step toward trying long-an- 
ticipated gene therapy, scientists at 
the National Institutes of Health 
would genetically alter patients' 
blood cdls in an rffoit to gauge the 
effectiveness of a cancer treatment. 


The doctors would not try to 
treat a genetic disease, which is the 
goal of gene therapy. But the can- 
cer tests use many of the same tech- 
niques that would be used in re- 
placing a defective or missing gene 
that brings on an inherited disease. 

“Everything was waiting on this 
derision," said Dr. W. French An- 
derson of the National Heart Lung 
and Blood Institute, after the 16-to- 
5 vote Monday by the Recombi- 
nant DNA Advisory Committee of 
the National Institutes of Health. 
“We are ready to go." 


Dr. Anderson, who leads a group 
that has a gene therapy proposal 
before the same committee, said 
the researchers still needed approv- 
al from the National Institutes of 
Health director and tbe Food and 
Drug A dminis tration 

But the scientist and his princi- 
pal co-worker on the experiment. 
Dr. Steven Rosenberg, said they 
had indications from the remaining 
authorities that the work would be 
approved, and they were confident 
that they would be able to start by 
the first of the year. 


Tbe experiment is the first in- 
volving gfn**- transplants toimmans 
to be approved by the advisory 
committee, which was f craned in 
tbe 1970s to guard against hazards' 
in genetic research. Similar trans- 
plants were attempted twice before, 
m 1970 and in 1980. 

The latest proposal involves 
transplanting a bacterial gene «n*n 
a type of white blood ceUthat at- 
tacks tumors. Scientists will try to 
follow the effectiveness and life cy- 
cles of tbe anti-cancer cdls. 

The researchers want to take a 


bacterial gene responsible for neo- 
mycin antibiotic resistance and pat 
it into a vims. The virus has been 
stripped of its ability to be infec- 
tious but it can any and activate 
tiie gene. Hus vims and its new 
gene, in turn, would be put into 
white blood cdls called tumor infil- 
trating lymphocytes. 

The foreign gene is not intended 
to have any effect on the patient's 
cancer. TniaeaH, it wonld simply 
save as a marker to bdp the doc- 
tors track which cdls are active 

n piiBl the ranflgr. 


The NIH advisory committee, 
which indiiilM iwwtfirii and ethi- 
cal specialists, recommended that 
tire experiment be tried on no more 
than 10 patient volunteers, winch 
Dr. Rosenborg said should be 
enough to demonstrate the tech- 
niques and safely of the procedure 

Several thousand diseases are 
caused by one or more defective or 
rnigmig genes of the 50,000 to 
100,000 genes in each human cdL 
The divwwes indude Duchennds 
nmscnlar dystrophy, cystic fibrosis 
and blood disorders.' 


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JCNTERNATIONAL HERAL D TRIBUNE, W EDNESDAY. OfrmBEP ■; i QftB 

ARTS /LEISURE 


Page 9 


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fendi, Krizia, Fen 

Tiy Tender Touch 

n» e 


By Suzy Menkes 

ijisSiSS-* ggSSSSS 

■^Waajr^sss bsss--- 

s^asrarm jy JarsKssapitt 

MILAN FASHION S^ nt " slyla 3x568 WTe ^ w^^look^d 

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9m. Karl Lagerfeld for p-w« - °r J"® 6 m stra w-colored Knee, with ovedays 

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Spired by the arty, were soft, 

— — - &tt£53EaiEZ&£ 

p ? 1' . 4 4/- •#) 011 ^ "“way with her 

fw’-.; ^ grandchiklrcn, she received a destrved 

J™ woman, who has often in the 
P^.^ahardedge. was softened up with 
M «iW wide-lcg pants and hirfi waia sldrts 

' Tflf lB ~®* ertha - skinny or ripplmp oat as they 

£ jaj^o^the catvK. That were no short skirts^ 

of shorts and pants. 

jackets cm on the 
?** 1116 B* 1 811068 were worn 
^ gaw a fed Of 

t /. ?• ^ ?•>•• So did the swmants bandhu? the 

k- f-ff ■ body “sea blue and black, and thTshon- 

* k'- v^a ^fweet cream cable knits topping flared 

K ^WM sh ^ t ? m cappuccino silk. 

- . 5 alt ®‘ tops layered over T-shirts and tic- 

r :;^3fe> ™“ pinafores were complicated. But stm- 
“esses with swe^nng skirts below a strapless 
%4rZ “C were rrfre^ig. ^ 

mm „ ^ to China, screened as 

S.&y* travd °g QC over Milan’s fashion 

^™ d > was refived 1 on the mnway. The 
%*>%.> ™ Bnpres* of Cashmere flew in a dram 
; ^^^ B ^^ drcsscd ^iao- \ 
* *■ !■■■ d qner ^ ^“8 yeflow and Mao bine. Clothes 

were on the Easton side top, with loose 1 
®^wm«TOw pants and colorful dragon 
’ v - motifs on black swimstnts. 1 



The Showman 
Of Sao Paulo 


By Alan Riding 

Mew York Tima Service 

O AO PAULO -Whctotte- 

kJ aid Thnmoc’p — --- -a -u 


*1? j. „ . fo 1 " — 1 1,1 toocattJ fan 

A heum offering ftsr spring and l omumw 

. Ttere seemed to be too many strairfit lm«: 
j ^^fyome : clothes, which took the sea as 
their tteme and mdnded bold scarf prints of 
imotted raeam ropes cm a navy ground. Wide 
deck- chair stripes m red or bine on white 
aocentuated the naval theme and came in 
“Hows of fabric that tied in to the body. 

Ferrt opened the show with tailo ring cut 
“*“*£ nasty Pantsuits in the inevitable 
nwyUne starred with big gflt bartons. A 
reapeze-hne top swinging over a short skinny 

aut came m stiff white piqui. Also on the 

gaaa® 

gilded eyelets ponched out down the spine. 

There was a whiff of a different feeling in 
tte longer skirts in chiffon and voflTm the 
soft sarnno mnm anJ u *— -- -■■ . . • ■ I 


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Fancy h^it cape from Fendi. 


— •* ““ mile uocs tne “""“ws. 

seated style vety wefl. The swimsuits, every one in n*w 

was ^ err ^* s evening were Ferrt at his best, cut on dean lines with 

white oigandy looked Sj ^ S^S f M oUSCS w 81 ™ 1 ^^^ 


Miehael Frayn’s CheMwvian Cornucopia 

By Sheridan Morley nrinationtoreadhermastonieceto dom 

International Herald Trtimu him through the mahL E^S° as J cases ’ 31 fbe last to come up With the 

5fS2*:2i2S»?fe? A-ASSSSP-* 


, J iruwufci ua- 

r “ iiionias’s princmal oHco 
toe tijen he reuuned here from 
New York four years ago was to 
introduce a new genre of theater to 
“pset the local cultural establish- 
ment or simply to gain fame, the 
Anso-Brazifian stage director can 
rainy claim — and frequently does 
Jo have achieved all three. 

. “ ,e ego side has been more 
Jan satisfied,” be said, peering 
toongh Brcc fuia n spectacles as if 
confessing to the sin of pride. “I 
have become a presence in BraaTs 
“Jtoal hfe. ftxpie are already 
toking about the pre-Thomas and 
me post-Thomas eras of Brazilian 
theater. 

Indeed, by exciting some, angar- 
tog ©mere and stirring jealousy 
ftoMg more, the 34-year-old direc- 
tor has in a short time emerged as 
™ most polemical figure on the 
Brazman theatrical scene, polariz- 
ing public, critics, actors and dhreo- 
tore with his provocative views and 
avant-garde work. 

Thomas is, for a start, a master of i 
publicity, with interviews, reviews i 
and round tables abort his pieces 
‘ 303 opinions • — frequently oo- 1 

spying pages of the cultural sup- i 
piemen is of newspapers. But he is s 
also, at least for Brazil, a daring I 
nmorator of form and contort, in- d 
spired by what he describes as the h 
subversion” by the likes of the g 
American director Robert Wilson, 3 
.md the East German play wrigh t L 
HemerMfifler. 3 ^ aj 

_ So far, he has used works by C 
Bedcett, Wagner, Mftrimte and m 
Mflca as vehicles for his produo- _ 
hons; but he is moving toward 
creations that be calls “dry opera,” r 
f*aractecized by a rinematoeranh- 
k use of lights and blackouts, rne- 
recorded music, almost choreo- 
graphic acting and a sort of anti- 
ronguage that he describes as 
verbal hemorrha ge: " 

He is taking three pieces to New 
iori forperformances at La 
“The Process," “Praga” 

Md Caimea Com Hhro" are 
Tntanas creations within borrowed 
frameworks. “The Process,” the 
most critically praised of the three. 
JJ?w the stay line of Kafka’s 
Trial” and uses music from Wag- 
ner's opera, “Parsifal” “Praga" 
(which m Portuguese means both 
Prague and plague), with music by 
Shostakovich, is evocative of Kafir.. 
but not based on a text, and “Car- 
men Com Fatro” (“Carmen With 
rd temps”), with an o riginal score I— . 


by Mp Glass, adapts and sau- 
t ^ BuctsvcraOTof ^Mfirimfe 

^though Thomas directed 18 
m PJays byBecketi at La Mama be- 

to tween 1979 and 1984, he says he is 
lo nervous about the reaction to his 
J- aew pieces. “New York looks like a 
« my open-minded place, but it is in 
n fact very narrow-minded," he ex- 
s plained. “The most interesting 
“mgs happening in New York are 
e brought from Germany. The most 
g important theater artist of the seo- 
f oad half of the 20th century is Bob 
1 “ dhe 08,1 tordly work in 

s the United States.” 
f Certainly, Brazil still seems un- 
1 sure what to make of Thomas. In a . 

i sense, Brazilian theater was ripe for 

the sbakeup he provided: in the 
■ 1970s it was suffocated by the cen- 
r sorship oS a nrilitaiy dictatorship 

and mihtf 1980s swanroed by com- 1 

meroal productions that Thomas < 
•tontoSK as “soaps without cam- < 
erat Young people have em- < 

waced his works and even turned i 

him into a cult figure, while the t 
fury of his critics has helped draw s 
the world of drama into the public E 
spotlight. ^ J 

At times, though, it seems that * 

ms cubes are reacting more to the a 
man tom his works. When he 
speaks scathingly of the theater in T 
Brazil for example, they ask: Is he at 
■ “, a BraziIian & was bom ai 

m Sao Panto and is fluent in Portu- th 

guese) or as an Englishman (he re 

spent his late teens and early 20s in pt 

London and he sounds English) or su 

as neither (his father was a Goman ar 

Communist who fled Hitler and his va 
“other was a Welsh psychoanalyst 



“Pans are my real interest,” says the dirett^^Sd'ThSS 


of Lithuanian Jewish extraction), 
i Thomas enjoys the controversy, 
m the program for his Kafka tnl- 
ogy m S§o i Paulo, he printed a page 
of quotes from his; harshest crite 
One called him “a false English- 
man who is inventing vanguard 
theater of the 1 %0x"MothCT de- 
scribed him as "interesting as a 
PMsm but profoundly ridiculous 
m what he says." A third said “he 
was a precodous boy who went 
senile at the age of 30." 

At times, some critics argue. 
TJonias almost trips over the m y£ 

toough his works. “Puns are mv 
r»l mterest," he explained. “viW 
philosophical musical puns that 
subvert meaning. It’s good for any 
artist to madrimsgim conditioned 
values. 

One sign that the Brazilian cul- 


tural establishment is lear ning ro 
uye with him is the decision bv the 
Minnapal Theater in Rio de Janei- 
ro. which compete with S3o Paulo 
as the country’s cultural capital to 
present “The Process" in January 
but tius time as a "wet opera" with 
jjfml orchestra, choir and soloists. 
"They know they will sell out,” 
Thomas suggested op timisti cally 
What seems clearer is that, while 
under contract to take “The Pro- 
«ss." M “P r aga" and “Carmen Com 
i-Uti© on a European tour next 

S Thomas has woo a place for 
If m Brazil As it was put 
reomtly by Octavio Frias Rlho. 
publisher of the daily Fotha de S3o 
Paulo, “always pleasant and v ain, 
at ccxifused and contradic- 
tory, Thomas is the most lively and 
““mated presence on the mori- 
bund stage of the B razilian theater 
today." 


GALERIE JAN KRUGIER 


GENEVE 


NEW YORK 


the primacy of design 

Biennale Internationale des Antiquaires 
Paris, 22 September to 9 October 1 988 
Stand n°52 - Telephone 1-42 56 43 88 


■Su *rrMh 


4- 41 *«*? 


■ *>«m 

MX ’%*■■ 

i* **• 

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ksmsit 


1 • IV OUUI 

toTBpIy umonqzrdinnsible to wori 
XX wfio haye not read the origi- than 
I books m thar turgid entirety. Ez 


ZSZ — -'-T °J ID0N We ought to have of the sketches work betaroly 1° Voiceaf ^ rage ata 

^ become aocostomed to Che- IrasweD.-IbeSoeezer’ itself, a oo- tho^S^SS^JSj,? ^'^tosontycrime^ato 

^ khw bc f n S w 9to a W Mi- ^^ embarrassment at the na] books in their turgid entire*? is divorce. 

— - chad Frayn, since all four of the haflc L ranch better when Neil Si- . . rargid entirety. Enjerttyptayed by Simon Caddl 

jiviV. 1 major classics are now in his tnms- nxm adapted it as part of “The lrtercsmt is alondoT footnote to f 11 © Lisa Harrow as the mtirc cast. 

■Ni;v‘ ! ’ . lattons and he has also carved his Good Dcctor” on Broadway a few "“^^esiaxii, a literary conceit ^ conasts largely of brittle, tough 

— ’ ycara ago and brought out the full aimleasiless that sketches from a dead relations^ 

THE LONDON STAGE implications of thennfartn- ™8Wjost haws worked for half an that both partners are for obscure 

^ • — naie nasal enqrtwn. The best- P 001 ,? 11 a dull television night but masons occaaonaHy raged tokiefc- 

.'.f.J -V own “Wild Honey” out of the hith- of . thc I^ys, “The 18 a msgrace at West End prices. stojbadc into a land of afteriife. 

*** Ain mtmrtflKU u Platrvn«i R .a ifcfir • &lld Pnrwwnl n n wlDle A Cl is A fratmumtarl 


— — — nate nasal enqrtion. The bat- P 01 "™ » mm television mght but masons occasionally urged m Krfr. 

own “Wild Honey” oat of the hith- of the one-aa phm, “The * a msgrace at West End prices. stmtbadt into a land of aftaiife. 

erto intractable “Platonov." But at Bear ^ “D® Propo6^" seem □ Uooble Art” is a fragmented 

the AMwycb as ‘The Sneeze" is a mc ™„ ' h an a . Htt] e tned. But the At the Playhouse. Barry Cray 

set of nokss than eight new C2w- evc “ n S suryrves t han ks to die ion’s “Double^ Act” is aW»iri™2L ahmony batde- 

khovs by Frayn. Some already ex- “““rato^trfAtkmsosioneof edy of post-marital bat it suggests that in Bany 

isted in^Rnsin vandoKS. the pSdSlCSelXrS ^“^“^reanewd nml 

others were only short stories; an West End, md to the evocative “Private S5*to 1 indi &- 
are concerned with deco social cm- “ttogs of Maric Thompson; the of Vmini# w#vJS« Nidutos Renton’s 


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tmh. urn. amiiL sumes; au z-—-3 rrv~ 1 ““ 

are concerned with den social em- of Mark Thom 

barrassmem, and all have been ““ecta u Ronald Eyre, 
turned into comic sketches for □ 

Rowan Atkinson, Timothy West “Th- nf c K „,„ . 

andChayl Cm^beS to paform. 

What sq>mated Chekhov as a to be no secret at all: A 90-mnmte 
farce writer man a contem porar y script of amazing banaht 


m w* ; W 

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’m- S' 1! 


fSV% 


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• vr?*.-'* 
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iuux wma uoui a cOTiemporaiy script or amazmg banality and loi ^1V 

L yiHa G eorgg Feydeau, or tire later of suspense has been cobbled to- 

Ben Travers, was that his charao- gether froan Conan Dprie by Jer- 

tos were seldom in actual periL- any Rnd, presumably to camtalize caiwar 

They were usually in varying stages on the jsesence of its two acton, GMZA 

of rage or mortific ation at the tricks Jeremy Brett and Edward Hard- 
of fate. This revue xompflrtkm wts wicke, as Holmes and Watson in a w.cui - autdSrS 

off to a splendid start with Atkin- cnznait television w y; Cb»iaih K .^M3rs3iV343rt4a 

sonincraismgtydetommedthatlie In the first half of this aimless mutur I 

will be bored to death, and so never tittle emveraatien piece we get a 

see his wife and children again, as a brief recap and revooa of the or- T AgW4A . 

result of a rival playwright’s deter- thodox Holmes dortrines and ■ 


• „ ' 4 . 

«*Tr' A . 















fa* » 



Jeremy urea and Edward Hard- 

wicke, as Holma and Wktson in a ^£SMSrSaS 
current television series. OmnaRc, vj'susrsiAQci] 4a 

hi the first half of this amiW s mbmiy 

^ LA C«VAUa« 

asaroMra T&igj 

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MMUSand 

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tntft. StppK nm kduin 

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MKiSSth 

RAffiATl! 1 R HONQRfldE 

PAUSTth 



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" o IwMiow and naman fc 
^GnwhLTA; <5512921 


'J- Amoy. 79 r m StrDoranin, 

PAUSath 

WDM1A PAVUON RUS5E 

PTOf^ ppar. luAnfa 

45. 47j£3fa_ 


e 8 ‘"J h * ®" Nwvember 19th, 1988 and 

r JJh the largest amount of prize capital - i a 

S um 5 ’* 1 ^ 000 M *’ 1,16 Soulh Gerniar i Class 
Lottery gives away Rie biggest top prizes com- 

- f ny , otfier German lottery. No other 

one otters jackpots of 3 million DU. The 

DM ' s ,..? onsored by tto Federal States of 
* S** 9, Bavaria ' He s»e and the 
L h ! n S;^ nate a ■ d te “"tolled by an offi- 
cial board of directors in Munich/Bavaria. 

Our irewr«tffarBhros yog during 
20 draws UNO CHANCES OF WINNING 
three MILLION DM, FOURmStoES 
OF BECOMING A DOUBLE4MLLION- 
AIRE, 14 prizes OF 1 MILLION DM. 

4X 500^00 DM, 20X 250,000 DM, 

32 X 10 0,000 DM phi» 437,506prtEes 
rangitifl up to 80^)00 DM. 

HOW THE LOTTERY WORKS 

The 84th Soulh German Class Lottery extends 
ov a souTw^^ri^- f rom November 19 th. 

J 989 - n « divided into six 
classes. The 1st to 5th class have a total of 20 
- 1 . e. 4 draws per dass - and 6 in the Bth 
crass. This means a draw every Saturday tor six 
I “U tin 9 months! The draws are heldln public 
and are state controlled, which assures that all 

KiS'flh' 0 ^ "S ttful win nera. The basis 
of file lonery is the Pnze Schedule, which shows 
all the prizes and dates of the draws 


2 X 3 Million DM 
4x2 Million DM 
14x1 Million DM 
4 x V* Million DM 

26 x 250,000 DM = 6 - 500, °^°“ 

32 x 100,000 DM * 3.200,000 DM 

30 x 80,000 DM = 2,400.000 DM 

34 X 60,000 DM = 2.040.000 DM 

436,716 prizes under 10.000 


= 6,000,000 DM 
= 8,000,000 DM 
= 14,000,000 DM 
= 2,000,000 DM 

42 x 50,000 DM = 2 , 100,000 DM 
60 x 40,000 DM = 2.400,000 DM 
84 x 25,000 DM = 2,1 00.000 DM 
540 x 10,000 DM = 5.400,000 DM 

DM = 349,470,000 DM 


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1226 THOnEX-GENSVE - Tfl. 022/460204 Tte 418570 CPA - Fax 022/498412 


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ANYONE CAN PLAY 

Tlie South German Class Lottery is open to 
anyone of any citizenship in any land. ShoSdwf 
nroveto another counuy.you tan «w cc5£S 
P^y wherever you Irve providing there is a postal 

Tickets are available In full, half or smaller shares 
22 ^ W* P® 1 jn draws and have equai 
01 “ urse onI V f uH tickets^will 
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il ?!? f wmi , yo V r remmance - You will then receive 
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mend payments to be made by IntoS^, 

JS'SPJ 1 ■"■a** in German Marks payable to 
Wes^l through a German BanJuSich S 
usual ry free of charge. Should payment hp m ar > a 
by 'ntemationa 1 Bank TtanrtrJSwH SS 


WHAT HAPPENS WHEN YOU WIN 

££52“ ^ ooiifled immedlaieiy and confiden- 

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We can make payment in any currency you choose 
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Partiopants wiH be air-mailed every four weeks the 
offiMi winning lists along with the renewal tickets 
for the next class. 


r??r?. T nf. SOUTH GERMAN 
CLASS LOTTERY TODAY 

so lhai you can take part in all 26 draws. The first 
draw will be held on November 19th. igs8. 

D< r> L o Werner Wessel 

fgSST* ~Jate Accredited Lottery Agent 

W SSSi’ 22 ' P -°- Box 1040 1 67 
D-3500 KASSEL, WEST GERMANY 

zr: »s 


* Or. p.a Box MS* ^ 

TICKET ORDER ^ 

Please send me ttie toflowing SOOKlfTSCHE KLASSENL0TTER1E ffekats by return poet 

al°M 864 each (approx. US$452 or Estg 268) = DM 

al DM 432 each (approx. US$226 or Estg 134) = DM 

,EPf! ' a ;jSS1,3 “ r £ a B 67) = DM 

,296 fapjrar.USS678or£s% 402) = DM 

maJSng charges ate. 5“ U (approxUSS 030 or Estg 3.80) _ 

0vasaasDM21 fapyw^ n nflnrrjtgS.SQ) — - 

„ Amourtf of enclosed cheque in DM or equivalent m USS or £$fq =nu 

assssasssa^^ 

darges. You can only be created with me DM oquitfen . w .?, lwei F | currencies, you must «M 

Maif the bekemgio- Mr. Q Mis. 0 A*ssn Messrs, n ^^^Uyworderttw.erttwyewaBfiwiih^ 

AnawwBiGennaininEMsnn 

RUNNE:.. 

SHEET AffiRMBO: _ Biw 

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—* IXLI I I I I I I l \ 

CardHoktar 

VAUD ONLY WHHE LEGAL • ~ 

"NOT AVAJlAfiLE TO RESDQSTS OF SNdATORE” 


Bcphy 

tote Month,. 


Year.. 


SgfwttifaT— 


Page 10 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 



Market Sales 


NYSE 4 pjn. volume 
NYSE PTB*. CCrtA dm 


Amex 4 pm volume 
Amen prew. cons, dam 
OTC 4 pjn. volume 
OTC arev.tom. vahma 
NYSE velum* uo 
NYSE volume down 
Amex volume up 
A mcx volume down 
□TC volume us 
OTC velum* down 


NYSE Index 


Tuesdays 


Him Low Ctese ore# 


Composite 

Industrial* 

Trarrao. 

Utilities 

Flnaa 


153X2 153.03 tan —MO 


18451 15168 II 
141.11 MOSS 14 
710 7271 7 
13174 mss u 


mse 


Closing 

Pia The Associated Press 



NASDAQ index 


GmiwIIi 

Industrial* 

Finance 

Banks 

Insurance 

Utilities 

Trenacv. 


Week 

cuu am *°° 


383.10-068, 


Suits M 

»=§£» 
3ft T7 + 007 30S-** 


NYSE Diary 




Dow Jones Bond Averages 


Bonds 

UHlHies 

industrials 


Advanced 

Declined 

undtanped 
Total Issues 
New h lofts 
New lows 


Buv 

Oct 3 1703M 

S*pt. 30 348039 

Sept. 29 250X82 

S*pf.28 1(1084 

Seal. 27 301J99 

Sept. 26 193X51 

Sous *ShVt 

£182 

8^ ^ 

‘Inducted in the rales fteurra 


Dow Jones Averages 


Standard & Poor’s index 



nasdA Q Diarv 


Open hwj Lew Uw aw. 


hwi tew aera atm 


IrtdUS 210437 Hlt4t 2098*8 71QZM — UO 

Tram 910*9 m 3d WMB 9T244 + UD 

util 18166 18Z97 18048 18104 + 0.12 

comp 794*4 801.13 7B906 74447— OK 


tndwtrlate 

Timm. 

utmtm 


3Jl» 310.14 310X2 —On 
317 « 21427 21481 — 0J4 

iii§ ims nag-un 

UK 25JS— -CUT 


Advanced 
Declined 
iMehenoed 
Total issues 



pa» 


QMonrn 
HlgfiLow 50x4 


Sb. aosr | 

SkHMiLow geatonw . 


12% 1M ACMSC0124 1U 
10ft 8ft ACMSpnlDl 11.1 
31ft JOfc AGS 
m 314 AM Intt 
28ft 17 AM Int pfZOQ 9.1 
57ft 20ft AMR 
27 2S AN P of 287 10.1 
31ft I* ANRpf 2.12 U 
10 5ft ARX 


S »'4 24 26 + » 

9ft 9ft Oft 
434 17 UK* UK*— ft 

328 10ft UP* 10ft + ft 

299 9ft 9ft 9ft— ftl 

500 28% “ft 28% + ft 

445 5ft 5% 5ft 


N.Y. Stocks End Slightly Lower 


rtS 'U. acm n M ' A 19 I?7 *»% ^ *•% + * Uni,ed pras tocmaiMol day to lower ihe equity mix and up the bond 

!»* IM 5™iS n 1 94°l II 32 b ip*, i§£ {8% + w NEW YORK — Prices dosed slightly lower mix frightened people.” Mr. Bloch said, noting 

ns* 8n SaKspnijji n.i g? hv* »* + ft Tuesday in active trading on the New York me Dow plunged more than 25 points Monday 

J Sft Avfirrti 31 ™ m » Stock Exchange, as the market exhibited little before iwbvenng to end with a seven-point loss. 
Ira! 26ft ,-1 10 20*0 §% av* 2aw — ft conviction in either direction. "That decision, the unemployment number 

M4il anrm It? 'Si ’{ m* af* + * The Dow Jones industrial average, which fdl and the tech stocks gave the bears an qpportum- 

w J* ARX II 38 7ft 7 7ft i 7 55 points Monday, slipped 3.20 to dose at >y to break tins market and they faded," Mr. 

^$.8 12 $ ?§h ?g-5 1102.06. Bloch said. “With such a news backdrop, this 

Sr?? iSft AMHbf* iS “ 14 ^ it* wS wft 1 Declines led advances by mac than a 7-6 market should have stayed underpressure.” 

TAU. Rh Amur wi aj! 103 7 HA S3— ftl n i i X td-ii n 14, Dl.J. : J Lc .1 r . : 1 


27ft 15ft AbMtblt 1D0 45 17 14ft 16ft 

lift 8ft AcmeC .40 48 'g » g 8ft— ft 

IY 2 4ft AcmeE 83b 47 49 15 ,g» — 1* 

20 14ft AdoEx 3D5e19X 15 J5H ISft 15ft 

19ft 6ft AdamMI -34 IX 14 3 16*. 16% lift 

24ft 7ft AMO 8041 9W 8ft * 

SAM 29ft AMO Of 1D0 97 S3 1 31 3131 + ft 

9ft 44. Adobe 187 2* 7ft 7ft 

19ft 16ft Adobof IM 107 12 1£% 17ft 17ft— ft 

21ft 17ft Adobpf 2X0 11X I 7®* =“55 *2?? a. u. 

13 5ft Adv« .12 15 15 54 Bft Bft 8ft + ft 

41ft 39ft ActnU 17* 04 8 901 Sift 5£i 51 —ft 

35ft 20ft AflIPbl 30 3 843 30 39ft 29ft + ft 

20ft 13 Alwnons 88 5.1 II 3380 17ft 14ft 17ft + ft 

4ft lft Alleen 48 4ft 4 4ft 

53ft 29 Atrfrt T70 19 Tl 1513 41ft 4H4 4?ft— ft 

27ft lift AIrbFrf 40 37 25 97 19ft 19 19 

16ft 6ft Aim 16 13 14ft IAS 14ft 

20 13ft AJriKo* 240 128 10 11 18ft 18ft 18ft— ft 


'g ^ ££ S5— v* margin. Big Board volume totaled 157.76 mil- Mr. Bloch said even rf the September unem- 


56 Bft Bft 8ft + ft 
901 Sift JDft 51 — V* 
843 30 29ft 29ft + ft 


20 13ft AlrleCrs* 240 128 >0 
27ft 24ft AklP Of 2.13c 87 
9ft 7ft AMP Opt A7 97 
87 77 AlaPpf 878 107 

21ft 12U AtsfcAIr .1* £ 16 

19ft 9ft AJbnvln 75 14 13 
38 14ft Alberta JO J 20 

3816 lift a tbCulA JO 1.1 15 

38ft 20ft Alblsn 56 1J IB 

37ft 18 Alcons M 2.9 7 

27ft 15ft AlcoSM 40 17 II 

38ft 15ft AfexAlx IM 33 IS 

65 34ft A Indr 

88ft 61ft AlleoCP 7 

14ft 2ft WAWInf 
7B 12ft vlAWI PIC 
33ft 15ft AWLud 48 17 ID 


^’li m ’I © iS* lift lion shares, up from 13038 million traded Man- ployment data suggested a more robust econo- 

B34i ’w 9 day. my than the Augnst data did, one could argue 

^ is? 7ft 7ft 7V. Prices traded narrowly mixed for most of the that falling ml prices could offset inflationar y 

[3o iiJ *? ms aft aw - 48 session, with the blue chips enjoying modest pressures. 

176 54 7 S 9oi 5i£ 50ft s?' 4 — ft g airi<! until that sector puBed back in the final “There is some confusion here,” Mr. Bloch 

2 A ii iSft iTft 1 2 Hour. said. “But given the immediate news back- 

« 4i« 4 4V* “The market is showing great concern over ground, the market is acting pretty weH” 

'm 3J 2s TS w iwS i9 H iJ* * Friday’s unemployment number,” said Ralph PHisbrny was the most active issue, soaring 

E40J2J18 !? iBft isft iBft- ft Bloch, chief market analyst at Raymond, James 18% to S7Vi after Grand Metropolitan made a 

Li3e 87 m 24>* 24ft wft & Assoriaies in St Petersburg, Florida, refer- surmise $60-a-share tender offer. 

La io3 iooz ai n si bi rin g to the US. figures for September. Ddmarva Power & Light followed, up 14 to 

'is 14 13 ’m £ft 1?5 m! 4. ft In recent months, analysts believe the nnem- i7 £- T J ^ . 

5 n « 3 2M627* + * ployment number has become the most mfluen- INCO Ltd. was up 1% to 30%, on news of a 

3 £ ’? tTiS £2 2?ft m 2 + ft report in the setting of Federal Reserve recapitatokm plan. 

4i 17 ii 883 25ft 25 2sv»— ft Board policy. The near-tenn course of interest AT&T was u n cha n ged at 26. IBM was off % 

m 33 n 6*s 25ft ft rates could wdl depend on the Friday data. 10 ] 

7 m US » 1ft - * Broad-market indexes also lost ground. The Among other blue drips, General Electric 
4 * , t ,d fl S New York Stock Exchange index fell 030 to w*? j* «? American &prras was off K 


16 13 14ft 14ft 14ft 

18 18 11 IBft 18ft IBft— >6 

L7 2fl 24V, 24ft 24ft 

•7 55 9ft 9ft 9ft 

17 U»z 81 81 81 

Z 16 97T lift ajft 


S60-a-share tender offer. 

arva Power & Light followed, up 14 to 


INCO Ltd. was up 1% to 30%, on news of a 


41ft 31ft AlloPw 3A0 7.9 ID 239 38ft 38 


2 72ft 72ft 72ft— ft 

IM 2ft 2ft 2ft 
47 13 12ft 12ft — ft 
16 28tk 28ft 28ft- ft! 


to 114ft. 

Among other blue chi ps, General Electric 
was off % to 42%, American Express was off K 


20ft 9ft AIM of 175 114 
lift 9ft AlnCopn 75*35 


123 (3ft 1 3ft 13ft— ft 

t ., ... J 15ft 15ft TSft 

lift 9ft AlnCopn TSe 35 30* 10ft 10 1 Oft + ft 

21ft 12ft AlldPd 3 15ft 15ft 15ft— M> 

4Sft 26 AMSftnl 140 54 II 1850 34ft 31ft 33ft— ft 

2ft ft vlAlllsC 327 ft ft ft— ft 


15193. Standard & Poor’s 500-stock index fdl to 27%, Boring was up % to 63% and Woolworth 
0.76 to 270.62. The price of an average share lost was up V> to 55%. 


12ft a AllsCpf 
10ft 8ft AtttMu 78 7 A 
10ft 9ft AISMII n .19*15 


2 i5ft i5ft 15ft— ft 6 cents. 

34la 33ft 33ft- ft j Mr. Bloch said the market remained stable 
m? reiS if* ,L + Si despite three key worries: the upcoming unem- 


10ft TO AlsMO n 

354* 23 ALLTEL 1-52 4J 


20, ,0ft 10 ,0ft + ft 
m ft ft h 
175 10ft 10 Id — ft 
184 33ft 33ft 33ft + ft 
2 66ft 66ft 66ft + ft 
1634 53ft 52* 53ft + 16 
18 16ft 16ft 16ft + ft 


Prices dosed slighdy lower in slow trading on 
the American Stoat Exchange. 

The American Stock Exchange index fell 0J8 


68ft 53 ALLTpf 106 3.1 2 66ft 66ft 66ft + ft 

63ft 33ft Alcoa 140 24 8 3634 S3ft 52ft S3ft + ft 

19ft 9ft AmoxG JH 5 28 18 16ft 16ft 16ft + ft 

28ft 12ft Amax 70 IJ1 10 1B86 71ft 20ft 20ft 

T7V, 7ft Amaral 44 34 21 67 13ft 13 13ft 

35ft 71ft AmHes 40 73 3468 26ft 25ft 26ft 

Zlft 12ft A Bat* .15* 3 221 17ft 17 17ft + ft 

57ft 36ft AmBrnd 270 4.1 10 28*5 54ft 53V, 54 + ft 

32ft 27 Vh ABrd of 275 UU 51 Z7V, 27ft 27V, + ft 

28ft 15 ABhIM .92 13 17 55 TP* 27ft 27ft + ft 

29ft 15ft ABu&Pr 48 34 13 1 2S6i 2SW 25ft + ft 

22ft 17ft A Can Bft 230 104 45 21ft 21ft 21ft— ft 

38ft 20 ACQBCv 443*207 4 23 23 23 — ft 

10ft Bft ACanln nl.io 114 122 9ft 9ft 9ft 

17 7ft ACMR U» 107 10 IB 9ft 9ft 9ft— ft 

3 ft ACantC 11 \ := . * 1 


ployment report, the decision by a major bro- to 299.62. The average price of a share lost I 
kerage to reduce the stock exposure in its model cent Declines led advances by almost a 3-2 


irtfolio and the weakness in technology issues. 
“The decision by Salomon Brothers on Mon- 


cent Declines led advances by almost a 3-2 
marg in Volume fdl to 7,64 nriDlon shares from 
7.92 million traded on Monday. 


12 Month 
HM> low stock 


Sb. dote 

100s High LiM OoDLOlV* 


n Month 
High Low Sleek 


Sb. CBM . 

WhHWLD* OugtCmir 


130 25 14 1454 4 47ft 47ft + ft I 34ft 27ft SrifGas 142* 4.1 85 


15ft 1 3V, BoiE or 1 46 9J 99 14ft 14ft 14ft + ft 36ft 20ft ConAor _ 

44 Li 22 Bowotr 52 33 I 1323 29W. 28ft 29 + ft 22ft IBft ComE 136 84 9 

14 U 8ft Brail n 291 9ft 9ft 9ft •*■ ft 18ft 15ft Conn NG 1 56 7J II 

37ft 20ft BrftSt 140 54 14 167 29ft 29ft 29ft— ft 14ft 7 Conseco 3 

53ft 28ft BrtstMv 148 34 16 7108 44 Vi 43ft 43ft— ft 25 v, 16 CorscoI 147 105 

37ft 22ft BritAIr 156* 44 7 165 28ft 28ft 28ft + ft 47ft 37ft Con, Ed ' 


25 IS 416 30ft »fi 30ft— ft 


16 21ft 21 21 • 

17 17ft 17*4 17ft 
176 10ft IBft 10ft 

14 17ft 17ft 17ft 


29ft 23ft AElPw 232a 86 10 3492 27% 26% 27 — ft 

37ft 20ft AmEx* 36 23 17 7051 28V, OTS 27ft— ft 

17ft 9ft AFamly 34 14 10 175D 73ft I3tt 13ft + ft 

38ft 27V4 AGnCo 140 4.1 9 574 33ft 33ft 33ft 

16 4ftAGnl«*t 55 Wi 9ft 9ft— ft 

Bft 7ft AmGvl n 44alOJ 138 8ft B 8ft + ft 

,Oft Id AG IP n 125 10V. 10 ,0ft 

18ft 12 AHIIPr 208 114 11 98 IBft II 18 — ft 

29 23 AHcrtt 108 AI 12 4x 36ft 26ft 26ft 4- ft 

12ft 4* AHobn 795 lift I1W lift— ft 

2414 17ft AHotstpflOS 8.9 48 22'i 21ft 22 + ft 

BS 62 AHom* 340 AS 13 1193 SOft 79ft 79ft— ft 

99ft 74 Atnttch 540 54 10 803 94ft 92ft 93ft— ft 

81 49 AlntOr .40 4 9 3839 Mft 66 66ft 

Iffft 10H AMI 32 Al 14 9495 17ft 17 17ft + ft 

45ft 21ft APresd 50 14 10 3345 3Ta 31 32% +1% 

79ft 46 APrad pf 3.G0 60 284 SS% ST.1 58% -Hft 

16ft 12ft AREst 200 124 8 61 16 15ft 15ft— ft 


73ft 44ft BrltPt 3.18* 64 11 3851 49 


17ft 6ft BrltPwt 
33 27ft BrtPtpp 
47ft 35 BrflTal 147*44 9 
30ft 16ft BHPn 1.10* AS 12 


47ft 37ft Con, Ed 120 12 10 >37 44ft Mft Mft 


161 6ft 6ft Oft— ft 
2442 27ft 27 27ft— ft 

14 41 40ft 40ft + ft 
60 3(ft 24ft 24ft— ft 


lOBr 491* 49ft 49ft 
3 Sift 53W 53V,— ft 


25ft 18ft BklvUG 152 7.1 ID 5ST„24ft 24ft 26ft — ft 


49 AlntGr .40 4 

1DH AMI 52 Al 
21ft APrstjd 50 U 
46 APrxd of 150 60 
12V, AREst 200 124 


28ft 26ft BkUG pi 247 19 1 27ft 27ft 27ft 

19ft 12ft BwnSh 52 24 15 13V, ,7ft 13ft— ft 

43 26ft BrwnGa 146 A3 15 86 36ft 36 36ft— ft 

34 in* BnwnFr M IJ 3D II 14 J7ft 27ft 27ft + E 

29ft 10ft Bi-nvrk 44 23 8 1856 19ft 19V. 19ft— ft 

38ft 19 BrshWI 44 24 17 43 27ft 27ft 27ft— 'A 

24ft 17ft Buckeye 220 107 7 110 50*. 20ft 20ft— ft 

20ft 16ft BunkrH 176 104 4 17 17 17 


M»ft27ft29£6.ft 55 45ft ConEpf 445 9J IflOr <W* 49ft 49ft , 

151 49 48ft 48ft— ft 57ft 51 ConE pf SOB *5 3 53V, S3ft 53ft— ft 

161 6ft 6ft 6ft— ft 22ft CnsFrt OB 27 17 792 3Jft 33ft 33ft 

142 27ft 27 27ft— ft 43 28ft ConsNG 144 A2 16 843 39ft 38ft 38ft 

14 41 40ft 40ft 4- ft 39ft 19ft Conroll 150 37 8 3944 31ft 32ft 33ft— ft 

60 34ft 24ft 24ft— ft 6ft 2ft CnSfor 19 366 Aft 6ft 6ft 

Six 24ft 24ft 24ft— ft 28 12 Ccftslr 44 24 21 X 25 24ft 24ft 

1 27* mi SO 4 CnPpfB <50 9.9 120i 4SVi 45ft 4Sft 

15 lift ,3ft 13ft— ft- ^6ft 66 CnP pfC <52 64 Xz 70 70 70 

M 3AH 36 36ft— ft I 77 64 CnP ofD 745 105 1501 72 71ft 72 +1 


43 27V, 27ft 27ft— ft 

110 20ft 20V*, 20ft— ft 

4 17 17 17 


6 3ft ArnRItv 40 1A1 

19ft lOft A5B 30 SS 

22ft 16ft ASBpt 101 113 

ffft 3ft AShla 


It IS* + ft ; MW 12V, BKInv 1J8 U2 10 102 Mft 14 14ft + ft 

31 m, +lft ! 24ft 12 BurftCt 11 » 20ft 19Zi X + ft 

5** l 40 uo xi 20 2x1 7iw 70% 71 + w 

16 15ft 15ft — ft | 9 a BflKapt 45 64 290 Bft Mb 84b + ft 

_4ft ft | 30ft 23ft BrtRscn .15* 4 600 29ft 25ft 29ft + ft 


79ft 67 CnPplE 772 UU 

78ft 67 CnPpfH 748 105 

38 L4 25 Cont*l 208 55 

48 30V, CrTtlCp 240 67 

5ft 2ft Cant in 08 14 
« CtllHld 
9ft 3V, Cntlinfd 
38ft 17ft CfOotn 


76ft 41 W AmSlor 04 14 15 421 


122 74» MW MW— W I T*ft 9ft Bumdv 
13 ir-4 17W 17W + ft 1 15ft 6W BuSInM 
75 4ft _4W 4ft + ft i 


+Y2 -r I 

55W 55ft- ft I , 


20 84 16ft 16 ft Mft 

18 426 13ft 13 13 — W 


AStrptA 458 70 82 62W 62 62ft 

AT&T 140 A4 13 7652 26W 25ft X 


20ft 13ft AmWtr 4 
Mft 8ft Am Matt 
SOW 75ft ATr 64 
54ft » ATrse 
132 103ft ATr on 64 
40ft 34ft Ameren 1.1 
18ft 7ft Am**Do .1 


48 30 10 191 17ft 17ft 17>* I «*h ,1* CBl in 
5> 1431 M 13U Tift— ft i 222 '40W CBS 


58 1421 M lift T3ft— ft i 
U 15< 75ft 75ft 75ft + ft 
10 44ft 44ft 44ft 
54 24*120 I19W 719ft— ft 

34 14 2 35ft 35ft 35ft 

4 13 1595 MW 14 74 —ft 


- . 40 Z2 40 184 

222 MOW CBS 300 77 M 585 

4ft 2ft CCX 11 

67ft 41ft CIGNA ZM 54 ■ 1638 


10W 9ft CIGHIrt 


19ft 12 Am*tfc6 40 44 15 1« 13ft Ui 13ft * ft | 
lift 9ft AmevSc 108 104 60 10ft 10ft 10ft i 

Am toe 


Oft low CMS En 
66W 47 CNA Fn 


27ft 27ft 27ft 4- ft 
172ft 170ft 17X6 +1ft 
ft 3ft Jft + W 
ft 52ft 53ft + ft 
9ft 9ft 

20ft 20 20ft + W 


22ft 22ft 

- . 6iw a — ft 

IZft 9ft CNA I 1J4 107 9 44 lift UH lift— ft 

36W 16ft CNW 9 1233 28 27ft 27ft— ft 

32ft 19 CNW pf 2.12 80 8 26ft 26ft 26ft— ft 

55W 36 CPC 140 11 16 6017 57ft 51ft 51ft + ft 

36 22ft CP Nil 176 <9 15 in 36 35ft JSW + ft 

20ft 15ft CRUM 8JBeSA2 7 79 15ft 15W 15ft + ft 

T7ft 13ft CRI I) 279*190 8 72 14ft 14ft Mft— ft 

19 Mft CRI Mill 140 104 10 68 15ft 15ft 15ft 

24ft 9ft CRSSs 3* ID 10 97 23ft 23ft 22ft— ft 

«0ft 2Zft CSX 144 Al 64 4912 30ft 30ft Xft— ft 

27ft 17 at 50 11 9 32 23ft 23ft 23ft 

15ft 7ft C3 Inc 11 585 12ft 1ZH 12ft— ft 

49 ft 25ft Cotxrt 72 14 28 195 39 3«638ft + ft 

29ft 10W Caesar 9 512 U 25ft 25ft + ft 

8ft 6 ColFIP 1O0 1A5 176 7 6ft 6ft 

32W 18W Co<F*tt 140 6J 3 807 22ft 21ft 2lft— ft 
6ft 4W Cal RE 42 64 57 5 4ft Aft 

33W 15ft Colthn 40 14 135 16ft 15ft Mft + ft 

Mft 22 calmat 40 14 16 462 30ft 29ft 29ft— ft 

6ft 1ft cotton 4 B43 3ft 3ft ,3ft— ft 

20ft 10 Camrnl M 4 79 12» lift 12ft + ft 

SI 35ft Coml pf 340 85 1 41 

2ft ft CmpR* 1 229 1 .. .. 

34ft 22ft C omSva M 25 14 1977 31 XYt 30 W +■ Vs 

21W 12ft COnPCO 76 A3 3905 18ft 17ft 17ft + ft 

15ft 4W ConlCa 81 5ft 5V. 5ft + ft 

II Bft CnlCa Pf IX 144 3 9ft 9ft 9ft 

6 3 CancnG SOD 4ft 4 4ft + ft 

445 297 CopCJt* X .1 17 MO B3W 349 3SJW-3W 
35ft 34V. CapHkJ 44 2.9 10 555 32ft 32ft 32ft— ft 
15ft 4 w Career* 17 nn u>ft 10 loft— ft 


S65 47ft 47ft 47ft 


84ft 57 Amoco 350 48 10 1869 73ft 72W 72W— 1 
JOft Mft AMP 1JJ0 24 16 UU <1ft 41 W 41 W — 


70ft Mft AMP 
lift lift Ampco 
Mft Aft Amt* 
15ft 6ft Amrep 


ii 


AMP 1D0 24 16 ZIM 41ft 4jft 41 W— W 

Ampco JO 2J 3 13 lift 12ft 

Amt* .12 J M 27 23ft 23ft 23ft + W 

6ft Amr*P 44 186 S» 7ft 8 + *i 

2DW AmSth 144 SO 9 284 25W Mft 24ft— ft 

Jft AiXKfflP 12 1640 9ft 9ft 9ft + ft 

19ft Anodrk JO 14 67 410 Mto 24ft 24ft — ft 

8ft Ana lap 16 12W low lOH 10ft— ft 

■ 9ft AnchGl DB 5 11 899 9ft 9ft 9ft— ft 

Anwilc 42 34 12 373 22 21ft 22 + ft 

AnMRI 152*155 57 28 9ft 9ft 9ft— ft 1 

Anhras 42 24 M 5460 32ft 32Vh 32ft— ft 

Anthem 14 963 lift loft lift + ft 

Antony* 44 J7 9 169 12ft 111* lift— W 


tft Anthm, 

5ft Antony* 44 3L7 


28ft 20W Aon CP IX 44 10 113 27ft Mft ZTft— ft 
11 6 Apoeh* X 44 5607ft6ft4ft + ft 

<W 6ft APOchwl _ 8 6ft 6ft 6ft— ft 

6ft 2ft ApcP un 45 105 146 2ft 2ft 2ft 

27W 25ft ApPwpt 2AS 94 X 27>A 27 27 + ft 

36W 17ft AppiBk 8 70 33ft 36ft 36ft 

20ft 8W APMM* 10 47* 12ft 12V, 12ft— ft 

r l7W Arch On ,10b 5 1011709 Bft 19ft 20 + ft 

17 ArcoOi X 34 1310 31ft 31 31 — V* 

16ft Artstoc 33 3.1 5 1614 304b 30W SOW + ft 

22 15ft Art. la IX 54 16 48 9 19W 19ft 19ft — ft 

46ft MWArfclaPf U0 U 8 40ft 40ft ttft 
Mft 7ft Anna, 22 1189 10ft low loft + W 

2*ft IBft Armcpf 210 U 6 Mft 23ft 23ft 

44ft 22V, ArmWI IX 25 10 .3134 35ft 33W 35ft 4- ft 

SI 43W ArmWpf343 7J 10W51W 51W 51W +1W 
lift 4ft ArewE 181 357 7>A 7W 7ft + ft 

21 12 ArowE Pfl.94 124 212 15ft 15ft 15ft 

41ft 11 Arm 171 27ft 7S 25ft— 1ft 

5 14ft Arvln X 34 25 145 2ffW 20ft 20ft 

ft IS Asarca M 34 J 3150 25ft Mft JS <■ W 

lift 10W A, Coo I n 1227 lift 10ft 11 +W 


8 3ft CorwHkt 
13ft Bft CnvMa pf 149*114 
19ft 5ft Co opCo .701 
74V, 39 Cooper IX 34 13 
25ft lift CoarTS X 14 M 
16% 5W Coowlit .10* 3 9 
29W 19ftCPwWPf2X 94 
ir^. 9 Corel n 48 54 13 
72 Mft ComGI IX 25 12 
77V, 25 CorBIk IX 34 S 
7 3ft CTF 
9ft 4ft 

low SW 
2iw tft Crew 
MW I7W Cron* 

99 47 CrevRs 

34ft 18 CnresK 31 24 M 
16 Tft CrestoS 
M 13ft CrosJ Pf 


IX 10.4 10 X 15ft 15W 15ft 

44 ID 10 97 23ft 23ft 23ft— W 

144 <1 64 4912 30ft MW XW— V* 

X 21 9 32 23ft 23% 21ft 

11 585 12% 12ft 12ft— ft 

42 24 2B 195 39 3*ft38ft + ft 
9 512 26 35ft 25ft + ft 
IX 144 176 7 6% 6ft 

IX 64 3 807 22W 21ft Tift— ft 

42 64 57 5 49b <1* 

X 14 135 16ft 15W 16ft + ft 


13% 4W ClIllMt 


SAW 40W CumEn 2X 44 IM 391 48% a 


Mft 37 Cumnar 3JO 84 
12ft low Curlnc 1.10O 9J 
67 43ft CurtW IX 34 
12% 5ft Cvccre 
41ft 19ft Cycfptn 


51W CvpMpf 345 74 


M 14 16 462 30ft 39ft 2*ft— % 


WWW 3W— W 
79 12ft lift 12ft + ft 

22* 4 i ■% 


15% 4W Career s 


SI 43V, ArmWpf 343 74 
11% 4% ArowE 1 

21 12 ArowE pfl.94 124 

41ft 11 Arm 

£ l«ft Arvln 48 34 

ft IS Asarca X X2 

lift 10W ASCaoln 


17 1118 10ft 10 


CarofcP 
i Carole wt 


36ft 22 Carlisle 1.16 34 13 82 35ft 35% 35% + ft 

lift 5W CarofcP 8 94 6% 6ft 6ft— W 

2 Vk Carolcwt 6 Tft 1ft 1ft 

37W 17ft CoroFt M 2D 29 537Z7ft2Sft26W + ft 
36 Mft CarPw 246 79 9 4*97x35% 35 35W 

53% 33% CarT*c 2.10 <6 17 67 45ft 45W 45ft 

7Vl J Corplpd .10 14 72 20 6 


37% 23W AshOlls IX 11 10 2*0 32ft 32W 32% 


10% 3% AStOPC 

10% 5 AtalSCS 40* 7.1 

27ft 9% Athlon* IX 6D 


33 6V. 4 Vo 6W 
*0 5% 9b 5% — W 
48 26% 26W 26ft + ft 


TVs 3 Carpi nd .10 IJ 12 

16V, tv. CarsPn .10 4 27 

14% 6W CartHw 28 

43W 24 CartWls X 14 IS 

Mft 11 CascNG IX 84 9 

28% 12 CasflCk 13 


M 17 67 45ft 45V, 45ft 

4 72 20 6 5% 6 + % 

4 27 1100 IS Mft 14ft + % 

28 177 9W 9ft 9ft— % 

14 IS 253 39% 39ft 39ft + ft 

14 9 45 15% 15 IS — W 

13 254 27 26% 26% + ft 


14 W Tft OavWfr 32 14 17 
60V, 21W DaytHd IX 24 16 
B0 70 DPLPI 748 10D 3Qz 75 75 75 

32ft 22ft DMnFd X U 14 433 28 26% 77V, + % 

10 9W DWGin 30 94 
50V, 22ft Deer* X 14 12 

20% 16 DeTVal IX 104 10 


19% AH Gas IX 64 10 457 26V, 26W 26W— W *1% Catart, 45 13 11 3TB S8W S7ft 58 


35% 28ft ANEnre 244 84 


59 31% 33W 33% + ftl 


97% 58% AM Rich 4X 54 10 4582 77% 76ft 76ft — ft 
228 155W AlIRcpr IX 14 1 1B3V, 183W 183V, 

• 23W AUtraCo 100 118 39% XW 3Bft— % 

6 47 Mft 16% Mft 

39 553 7% 7% 7% 

X 34 24 350 12 lift lift 

M 74 17 1443 34% 33% Mft 

52% 32ft AutoDI 42 14 17 1403 38 37 37 — W 

7W 4ft Avalon 39 4% 4ft 4% 4- % 


10W 5ft CedrFr IX 104 
52ft 32ft Cornel 142 19 


389 10 9% 10 + % 

5W 44ft 43ft 44 


9ft OWGI n 30 94 1668 9W 9W 9% + ft 

SOW 22ft Deere X 1 4 12 1095 *5% 44% 44% — ft 

20% 16 DelVal IX 104 ID 21 17 16% 17 + ft 

19% Mft D*lmPt_ \M 64 1148070 1 7ft 17% 17% + ft 

55% 32 D*ltaAr IX 24 8 1262 50W 49ft 50 — W 

6% 3W Deltona 10 5ft 5ft 5ft 

MS> 20 Deluxe 32 16 15 556 Mft 25ft 25ft— % 

32ft 71ft DctsMI IX 5.1 11 66 M% 24% 24% 4- % 

41% 21 D«Soto 1.40 3J 23 3836 43ft 38V, 42V, +4W 

1SW 12 Dr, Ed 1X 10.9 1511242 1Mb 14% 15% + % 


48 23V, AftasCo 

17% 10ft ATMOS 
8 3 AudVd 

27ft 10% Aupat 

37ft ,0 AWmr 

52% 32ft AutoDI 
7W 4% Avalon 


18% 12ft CwlEn IX 114 6 1330 13ft 13% 13% 


28ft 14% AVMCO 44 14 13 
- - - X 11 21 


26ft 15% Averv 
39% 18% Avne, 

M Mft Avon ... 

26ft 22 % Avon pf 2 00 II 
32% 16 Aydln 


44 14 13 4 25ft 25ft 25ft— % 

X 11 21 178 23% 22% 22 JS— ft 

X 25 H 429 20V, 20% 20ft 

IX 4.1 72 1986 24% 24% 24% + ft 

200 11 847 24ft 24% Mft + U 

11 19 22ft 21ft 23ft + ft 


29% 15% Centex X 3 18 126 28 ft 2 B 28% + % 

34ft 27 C*nSoW 2.44 73 8 573 31% 31 31%— % 

24 16% Cm Hud DO BJ , 200 20% 19% 20 

23% 19W CnllPS 1.76 U 11 465 22ft 21% 22 

28% CnLoEl 242 7.1 9 25 32ft 32% 32ft + ft 

12% CeMPw IX 84 10 1986 17ft 17% 17% + ft 

25% 20% CVtPS 1.98 81 9 69 34% 24% MW 

25ft 9ft CnlyTI* X ZA 19 407 25ft 25 25 — ft 

20% MW Cenvllt UO 1U I X 16% 16% 16% 

44% 23ft Chmpln IX 3D 8 1368 33% 33 33% 

14% 7% Cham So X 15 34 *13 13% 12% 13ft + W 

15% IlftOrpSUn D3r 4 12 67 12 11% 12 

5% 1% ChortC D2* J 5 211 4ft 4% 4ft 

*»% 19% CMOS* 2.14 74 3 967 30 


OefEPt 9J2 UD 
D*tE Pf 7 X 108 


76% 60% D*tE Pf 745 104 
74% S3 DetEPf 746 189 


26ft 24% QEprB 245 185 


32% 17 Dexrer ... . 

45V, 20% DtooPr 32 J 22 

25 12 OlCtor M 30 16 

19ft 14% OlaSO 180 184 525 

17 7% DShRM AO 23 9J 

2B 24% DSbRof 2X U 
12 4% DkmeCp X 5.1 45 

50% 31% Dteboid IX 34 13 

45% 19% DletlCm 8 

199% 91% Otoftol 9 

23% 12% DlfiwNY 6 

79ft 4ift Disney 

29ft 21ft DEI 

5ft 3% DJvrsIh 


3 OOt 84% 83% 64% + % 
558th 71 70ft 71 +1% 

480x 68ft 68ft 68ft + % 
40x 67ft 67ft 67ft— ft 
261 26% 26% 26% + % 


31% 23% BCE a 244 273 30% 30% 30ft 

Mft 13ft BET 49* 54 13 14 ISft IS 15 

Bft *16 BMC 7 X 7% 7ft 7ft 

31ft 23% BRE 240 IJ 17 20 31 30ft 31 

19ft 14% BRT 1*111 I 36 19 IBft If 

41ft 20 Borneo .90 35 74 25ft 25ft 2Sft + % 

26W M BakrF S X 2J 19 21ft 21ft 21ft + % 

26% 11% BatcrHU Ah 84 999 12ft 12ft 12ft— ft 

60% 38% BkrH pf 150 BD 94 40V, 40 40 — ft 

27% 17 Baktor 32 13 20 11 23% 23% 23% — % 

43W 25% Ball UK U It 86 29ft 29ft 29ft — 

23% 1DU, BallvMl 14 lO K 5581 23V. 22ft 21 + ft 147 118 

17% 9ft BaltBcp X 13 X 149 IS Mft 15 + % 3*^ Mft 

34 19 BalfGE 2X 6A 9 sw 311* *1% 31ft— ft 

55% 49ft Balt PIS <50 9D S50z 51 50 SO —1 


5% 1ft ChortC -02* J S 
39ft 19% Chose 2.16 7J 3 
S2ft 45 Chase Pf i25 104 
Sift 42 ChsePf <86*105 
53% 37ft ChsePt <36*104 , 
3ft Chaus 13 

25ft Chsmea 1J2 5.1 U 


211 4ft 4ft 4ft 
9*7 30 29% 29% — ft 

112 51 50ft 50ft— % 

10 45 45 45 — ft 

51 4IW «ft 41% — ft 

57 3% 3ft 39b + % 
37 34 33ft M 


X 35 12 36922ft2Zft22ft + ft 


S3 38ft 38ft 38ft + % 
203 21ft 21% ZTft + % 
69 Wb 15% 15ft + % 
306 13ft 13% 13ft + ft 
20 25% 75 25% + ft 

43 4 5ft 5% 


37ft 37 37ft + ft 
23ft 23ft 23ft— ft 


9 5950 93% 91% 92 — ft 
6 88 16 15ft 15ft 

.40 A 17 1003 64ft 64ft 64ft— ft 
IX 55 12 417 2Sft 25W 25ft + % 
83 4ft 4% 4% — % 


47% 36ft OamRs 3D8 7.1 10 527 43ft Oft 43W 
14% Bft Domtw X 1C9 10% 10ft IBft— % 

25ft II Donalds X 2D 12 15 19% 19% 19% 

42% 2SV, Danllcv X 22 12 684 35ft 35% 35ft— W 

38ft 21ft Dovers 16 14*0 32W 31% 31% — % 

1B«b 59ft DowCh 280 33 9 6875 8916 87ft B8ft +J 

4*ft 26ft Dow J ns X 2.1 13 381 33W 32% 32%—% 

19 _ 10 Dowray X 13 10 185 18ft 18 11% + % 


ChJTiBnk 2J2 8J 4 2284 31 W 30% 31 W + % 


5% 2% ChBk B 30 IM 

12W 7V, ChBk PfC J7M0.9 

52% 40 ChBkPt 439*112 
52% 33ft ChBk Pi 433*11.1 
19% ChWast .16 A 

26ft 14W Chspk 3b 2L6 


3b IM 1213 4ft 4% 4% — % 

-97*10.9 686 9 8% 8% 

L9W113 40 43ft 43% 43% — % 

133*11.1 _ n 38% 38ft 38ft— % 

.16 A 28 128 27 26ft 26ft— % 

3b 16 11 311 21ft 21ft 31ft 


3* 19 BalfGE 2X 64 9 589 31ft 31ft 31ft— % 

55% 49ft Bal, pIB <50 9D 55th 51 50 SO —1 

27ft 16% BncOn* ,92b 35 10 1953 24% 25ft 25% + % 

28ft 16% BneCtrl 15 13 2D* 20ft 20 ft + ft 

64 41 BnSant J7* 13 453 57% 54% 57% +1% 

4% 1 BanTex 143 1 1 1 

67W 42 Banda* X 13 IS 50 63ft 63% 63% 

32ft 17% BkBost IX 43 10 236 27 36% 26ft— % 

101ft 78 BkBDfC 6.19* 75 2430Hz 7BW 78ft 79ft + ft 


260 Al 10 5747 43W 42% «%— % 


167 118 CMMIvr 12 TO 163 163 163 

39% 14ft ChJPoco X ID 16 2005 4Mb 38% 39%— ft 

II 5ft GikFull Jit i4 S5 X 9ft 9 9% 

27W 10ft CnrtsCr .53, 2A 34 584 22% 21*. 22 +% 

42ft 19ft Chrvslr IX <1 5 S3M 24ft 23ft 24% 

69ft 50% Ote«J Z16 17 7 233 58W 58 58%— ft 

9ft 5 Church* XI 57 475 6% 4W 6ft— ft 

7 3ft Chyren .Mb 2J> 41 116 4% 4% 4% + ft 

36 79 C II con, 14) 73 U 17 32ft 32 32 — ft 


34% 20% BkNE Ui tl 9 1053 27% 26ft 26ft + % 

43% 24% SJtNY 130 S3 6 457 35 34% 34% 

16ft 6ft BnkAm 10 3091 Mft 16ft Mft 

371b 24% BkApf 354*104 218 3S’ 1 , 05% 35% + ft 

61% 42 BkApf 6D0*1U 84 57% 57 57 - ft 

7ft 5ft BkApf IBB 54 7 6ft 7 

46% Mft BankTr IX 45 4 3)614 39 38% Mft— ft 

27ft 13ft Banner 108 27% 27 27ft— ft 

36ft 21 Barclay 1.85* *J 15 92BW2S 28% + ft 

23 12% Boras 19 1W8 23% 22% 23 + ft 

40% Mft BatnGp IX 3A 11 109 35^ 35ft 35ft- ft 

39 27% Barnett IX Zl 10 1438 Mft 33ft 34 — ft 

9. 4ft BarrWr AOa 7D 26 234 8ft 8% Bft 


37% ,9ft Oral Bel 1.12 3D 16 3*9 37ft Mft 37ft + ft 

29 23% ClnGE 124 85 12 279 26ft 26% 26% — % 

4W 39 ClnGof 4.00 93 100z 41 41 41 

97ft 84% ClnGPf 9X 7W 4ttt B9H 89 «. 8914—1% 
96% 81% ClnGPf 9.28 10< lOOz 89% 89% S9%— 1 

30ft 14 ClnMIl 31 33 151 22ft 22ft 22ft 

11 246 lift 11% lift + ft 

X 2.1 M 794 13% 13ft 13ft— ft 
.12 2 M 360 40ft 40% 40ft + ft 
15 139 31ft 31 31ft' — % 


30ft 14 ClnMIl 
15ft 7ft CJneOd 
16ft 7 ClrcteK 
41 17 CIrCtv 

34ft 17% Circus 


19 10 Downey X 22 10 Iks 18ft 18 18% + % 

21ft 8ft Drava 29 6006 17ft 164k 16ft— ft 

35% 77ft Oresr X 25 15 777 25ft 28 28ft— ft 

11% 3 Dreshr .1* 15 11 134 6% 4% 6% + % 

Mft 17 Drees IX 95 21 19% 19ft 19% + ft 

M M Drevhra ^ 2D 11 533 26% 25ft Mft— % 

10% 7ft DTYStrt Jt 73 288 10% 10 10% + % 

12 10ft DryStG nl.14 105 52 11 10ft 10ft— % 

IM 75 duPmt X80 47 9 32B 81ft BOV, 80ft— ft 

59ft 50% duPrrtpf <50 U 13 52% 51ft 52% + % 

9ft 7 DuHPJp n 1 3 1525 8ft 8 SYb-% 

»W 40% Duh*P 2.94 65 11 1000 4Sft 45ft 45%— ft 
9?% 86 Dukapf 8J0 9J 650, 94ft 94 94 + % 

W% 79W DukBDf BJ0 96 770z 86 W 25ft 85ft— ft 

ST* 17, RyE* 0 * 7 -2S m _3oo, aift am nft + ft 

94 gift Duke pf BX 9 A 10880X 86% B6 86 - ft 

Ws 5% Duke (7 n tf W 6 6 — % 

70% 44% DunBrd 1.74 13 21 9571 53ft D S3 —1ft 

15ft 10ft DuaL* IX 7 A 11 11BC Mft 15ft 15% 


29ft ?5ft Ctttcrpf 148 37 J 2917 26ft 25ft 25ft— ft 


6% VIBASIX 44 ft 

Mft lift BatlMtB .10 .7 M 760 14% 14ft 14ft 

48 30ft Bauxti IX 14 u 237 42W 41ft 42 — % 

29% 15% Baxter X 19 14 9566 179b 17% 1714— 14 


50ft 41 BaxpfA 174* 9.1 
93 6014 BaxpfB 150 SD 

V 19ft BavStG IX 7J 
19ft 8 B«arSt SO AS 
51% 38 Bears pf 3D7* 93 


83 41 41 41 — Hi 

162 60ft Mft 60ft— Vb I 
6 22% 22% 22% — ft 
380 12 11% 11%— % , 

JOB 3M« 39ft 3W. 1 


80% *2% Cttcppf iXe W 
53ft 33% atTBcp 1.12 2 A 
4ft 1 Clablr D4| _ 

8 Tft CWIrSf .10 2J 

35% 17ft Clarke 
9ft 5% CktyHs 
Bft 4ft ClemGIb 
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76ft 64 ClvEI pf IM IM 
76 66% ClvEI pf 756 105 

33ft 23% Clorex IX 32 

21% 9 ClubMd X 1 A 


6Xe ?S 2 63% 63% 63%— ft 
1.12 1A 7 9 39ft 394b 39ft— % 

■Ml 2b Jft JV4 1ft + % 

.10 2J 60 4% <% 4ft + % 

135 901 26% 28W 20ft— ft 
11 131 9ft 9ft bft + » 

.40 7% 7% 7% 

_ 7 110 25ft 2S% 25ft 

209QZ 68 47 67ft +1% 

40: 49% 49% 69% +1 I 

IX 32 13 1530 33ft 3214 32% — % 

39 M If 24 M 13% !3%— ft 


22% 19 DuQPfA 2.10 MD 
1*ft 14% Duapf 1J7 1QJ 
mi 17% Duapf 2X0 10,7 
2TW 18 Ouqpf Z0S 1CL5 
24ft 19 Duq PrK HO 10.1 
24 19ft Duqpr 231 UU 
» 63ft Duo pf 730 10.1 
34ft Mft DynArtl X S 


ID 4CB 31 21 21 — % 

U 15% 18ft 18ft— % 

1,7 92k 19ft 10% IBft * ft 

L5 l«Jz 19% 19% 19% — % 

Li 11 21ft 20% 2046 — % 

U 2504k 23 23 Zl 

LI 100,71% 71% 71% +1% 

J 12 223 23% 23ft 23ft 


X 2.1 10 10 9% 9% 9V, — % 

B 145 4% 4ft 4ft 

40 IX 15 154 rm 32% 32%- ft 
IX 9X 32 27 12% T2ft 12% + Mi 
1X6 12X313 27 13ft 13 13%— % 
9 26 10% 10% 10ft— Vb 


41% 70% Besmos XO 2J 13 115 35% 35 


Mft 6ft Coachm A0 3J 34 69 10ft 10% 10ft— % 


63% 42ft BedDk Mr IJ IS 7» 54, S5ft 55%- ft 

1 vIBeXer 14 % ft ft— 

2ft ft vIBakr pf 22 % % % 

40 IBft BeldnH 53 IJ 15 4 39% 39% 37% + % 

79% 40% BetlAH 4DB 5J 11 945 71% 71% 71ft- ft 

23% lift Behind X 2D 7 B4 Mft Mft 14ft— % 

43* 29% BPIlSa 2JA 53 12 BIX 40ft 40% 40ft— ft 

34% 21% BetoAH M U 25 157 28 27ft 27ft— ft 

25% 12ft Bemto 1 M 1.9 17 97 23 22% 22ft + % 

57ft 28% BenfCp 2X0 4X 10 1188 49% 49 49% — ft 

38 genet pf 430 9J 2 43ft Mft 43ft- ft 

26% 23 Benefpf 2 SO 9a Mz 24 26 26 

6% 2ft DMIB .12r 2.9 10 171 4% 4 4% + % 

5% % viBerkey 25 ft ft ft— ft 

31 47 9 8ft 8ft 

25 1950 19ft 19% 19ft + % 
„ _ _ 4 59» 2D% 20% + ta 


8% 3ft Cstam 


12ft CoostS L AO Z6 


8 8 — % 
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Rf 1X6 12X313 
9 


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26ft 23 Belief pf ISO 9A 
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17ft 5ft Best By 31 

19ft 6 Best Pd 25 

25% 9ft BethSfl 6 

55ft 29 Belh5rpfSD0 10D 
27% 13% BttdofB 2X0 10X 
14ft 4ft BmrlV X5I 

21 12% BevlP 2.14*165 9 

28ft 9 Bfacft __ 12 

23ft 10ft BlrStl s 30 1A 9 
24% 13 BlacfcD A0 1 3 IS 
28% 19» BIttHCp 1A0 5 2 11 
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38ft 21 Coastal Jtt U 75 572 32ft 3Zft 33* 

34% 24ft Csttpf 2.11 S3 IS 31ft 31ft 31ft- ft 

48ft 27 CpcaCI IX 2D 16 5770 *3ft 42V, 42ft— ft 

IBft 10% CocoCE JOB A X S097 14ft 13ft M + ft 

9% Ift vreolec 222 1ft 1% % 

43ft 26ft caterer IX 11 11 52 3M 

51ft » Cote Pol IX U422S48 «ft — — w -r « 

17ft 10% CofF* .16 IX 15 132 14ft 14% 14ft + % 

10 9 Col I HI n .15* IX 87 Tft 9W 9H + ft 

Tft 7% CoJMu 39 8.1 243 9ft Tft 9ft 

Sift X* Cot Gas 2X0 53 M 1052 34ft 34ft MU— % 
16% 6ft eelPIct 48S2 lift lift lift + % 

10ft 5% Calums X 13 146 Sft Sft s% 

10ft 5% CalSvpf 5 8% Bft m 


A 20 AW7 14% l-H* ,4 + n 

222 1ft 1ft 1%— ft 
11 11 52 Wb 38ft Mft— ft 

13 42 2S48 «ft *flk 4Sb + ft 


If 1.11 U 7 88 28% 2BU, 38ft + ft 

JF IX SX 11 464 23ft 23 W 23ft— ft 

2A0 OA 9 78 27ft 27ft 27ft 

2X0 44 12 5533 44 45% 45ft- ft 

10 398 SSft 52 52ft— ft 

42 35 17 342 17ft 17ft 17ft— % 

M 23 5 125 24% 24ft 24ft + ft 

IX 42 21 29% 29 29 


l« 43 21 2 

X 13 13 294 12% 

48 14 14 324 19ft 


14% 6ft Cel Piet 
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1 A IT 137 1716 17 


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jDO I0D 1 50 50 50 

L50 10X 40 34ft 54ft 34ft + W 

•051 509 5ft 5ft 5ft + % 

L16*165 9 87 13ft 13 13% + % 

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X 14 9 408 22 21% 21U— ft 

40 IX IS 383 31ft 21% 21ft 

L40 SJ 11 19 26ft 26ft 36ft 

X9P .9 794 10 9ft Tft 


34ft 20 BtCkHR 1X4 34 17 441 28ft 28ft 28ft + % 
23ft 14ft BlueArn .14* 3 llOi 15% Mft 14ft— % 
8 4ft HlueCtw .17* 32 64 5ft 5ft 5ft + % 

64% 33ft Boelna 1X0 2J 18 3313 43ft 63U 63ft + ft 

50ft 28ft BaiseC t IX 3.1 8 «M 44% 44 44% + % 

Mft lift BOftBer X .4 M 439 14 I3ft 13ft— » 

lift B Band n 4 B% 8% ,|% + % 


36% 12 Comdls 33 1.1 
33 17 CmcCre X U 

14% Cm Mjrtl 44 15 
13ft 4U Comdr* 

31ft 22ft emwE 3X0 9X 
31ft 23ft CWE pi 142 44 
20ft 16% CwE pr l.PJ 10D 
,21>« ,17ft CwE pr 2X0 iai 
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»ft Bft CnEpf 2X7 IM 
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7% 3% CnnUHl UH 382 
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78% 34 Corr»«a 


34 1.1 42 629 214b 20ft 21% + ft 

28 U 12 1676 23% 13ft 23ft 

44 15 9 E 23ft 23ft Dft- ft 

7 573 18% 10% 10W— % 

3X0 9X 8 1306 30% 30Jb 30% , 

i« <* 1 30ft 30ft 30ft— ft 

11 19 19 19 

9 19% 19ft 19ft- % 

10WWV, 106% J 06% +1 
601 77% 77% 77% 

3 24ft 24ft 24ft— ft 

IP 96ft 26ft 36ft + ft 

2X0 *5 8 136* 29ft 27ft 29% + ft 

373 3% 2ft 2ft— ft 
170 Z7ft Z7% 77ft— ft 


1-34 129 
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ft Pft H* 

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11 1843 u<u - P* a*- a* 


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1843 S6H 55% 55ft— ft 
42 8ft 8% 8%—% 
294k 27ft ZJft— ft 
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4BW 48ft 48Vj— % 
237 M 13ft 13ft + ft 
1557 9ft 9% 9% 


1X0 3J 13 2003 30ft 29ft 29ft— % 
150 3ft 3ft 3ft- ft 
874 5ft 5ft 5ft— ft 
X0 <2 10 460 19ft IBft 19ft 
2.12 7J 10 23 28ft 28ft 28ft— ft 
X0 OX JOOz 6% 6% Oft + ft 
2224 IB 12ft 12ft 
1X4 SX 10 17 23ft 23ft 23ft 

Ji 34 15 195 18ft 18ft 18ft— ft 

XO 3.1 M 173 26 25% 24 + ft 

248 17 1042 37% 36ft 37 — % 

X0 45 34 38B 17ft 17ft 17ft 
-4*5*10.1 5000x 46 46 46 + ft 

1X0 lit) 19 228 9W 9 9 — % 

9 6ft Oft 6%— % 
44 1234 17ft 16ft 17% + ft 

IJS UL3 732 17% 1«% 17 + ft 

43 1676 17% 15 15ft— W 

3b 20 19 IS 28 27ft 27% — % 

.14 IJ 15 71 12% lift 12 — % 

U1 10X 5 22 22 22 — % 

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1X8 W 17 *12 33% 32% 32ft— % 


Q Month 
Mat Lor Stock 


DtoYttPE BBjjRUv fleet OM 


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43% 34 EskBus X8 2* 12 32 33ft 23ft 33ft + M 

36 13ft ESOxCb S 52 14 77 35ft Mft 35% 

19% 7ft EstrUe 101 M 13ft 13ft 

26ft 15 Ethyl 44 2D 13 863 22% 21% 21% — ft 

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HV4k 
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75% 15V. 

170% Q 
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50% 25 
17% 5 

26ft 11 
54ft 31% 
22% 17W 
23% 14W 
-40ft 17% 
291 m 13V. 
16ft 7ft 
22 lift 
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17% 9ft 
14% 10% 
38ft Z«% 
29% 17% 
48% 20V, 
9% Aft 
12% 10ft 
1DW 4K. 
72 16 

35W 16% 
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Mft (% 
40ft 33 
33 2S 
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27% 22% 
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13%% 

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<50 9.9 120Z45W <5% <S% 

<53 65 301 70 70 70 

7X5 1QJ 1501 72 7Mb 72 +1 

732 IDA IOCS 74% 74% 74% + % 

748 1CL5 1001 73 73 73 —1 

2D8 55 29 1301 31 37% 38 + % 

2*0 67 10 581 38ft 38% 38ft— % 

D8 IX B705W5 9— % 

114 

10 247 4% 4% 4% + % 

23 T272 3tft 31 21%— ft 

119 4ft 4ft 4ft 

1X9*113 40 11% 11% 11%—% 

.701 3424 8% 6% Oft— 1% 

1X0 3* 13 192 Sift 50ft 50% — % 

JO 13 14 2005 24ft 23% 24 + % 

JO* 3 9 4 14 Uft 14 + % 

2X8 9X 15 Mft 26% %'*—% 

68 S3 13 217 13% 13 13% - % 

1X8 25 12 381 60% 40 60ft 

ID U S IS 31% 31ft 31% + % 

75 6% 6 4% + % 

DAT <X 9 22J 6 Sft 5%— ft 

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7 1 Uft Uft 14ft— ft 

.90 73 12 179 31 30% 30%-% 

19 2469 70% 49 Wft +1 
32 23 U 34 32% 32ft 32ft + ft 

JO SA 3 IBS 14% 14% 14% + ft 

1X1 10J 71 17% 17% 17% + % 

2J5 110 3 98 97% 91 

12 166 38% 38% 38% — % 

30 J 16 86 23% 23% 23% — % 

JO IX 6 S 43 % 42% 47% — % 

246 5% 5% 5ft 


: 30% 19% 
1 8% 3ft 

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FarwriT M 5*215 
FarWst XC 4X 5 
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Favor* -Zte 2D 11 
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Forma, 7 

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4 19% 19% 19%— % 
1142 36% 33% 33%— ft 
46 11% 10% 10%— ft 
1183 31 30% 30ft— ft 

1672 IS M 14%— % 
531 40 37% 39%— ft 

W JH ft ft 

507 15ft Mft Uft— ft 
i raw low iow 
90 9Vb 7 7% + Vb 

44 lift 11% 11% — ft 
535 9ft 9% 9% + % 
612 10% 9% raw + V, 

a 3k 27 27W + ft 

1191 48 47% 47ft— ft 


BVi 4% HrtratdF i 
117ft 78 Hondo i; 
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60 32% MouSInt ZM 3* 9 7*2 »ft 58ft 58% + ft 


V& 59W 58% 58% + ft 230 103ft MP>%, 
SIM 1I» 117 MU 6% reottei 




w xm rwiaiiu MM * .ii m 4»7 

118% 83% Holntpf 6X5 S3 3 117 1j> ^ 

34% 26% HOPlnd Z«6 1X1 8 13» 29% 29% 29% 

3% 1% HOUOR .16*11* 7 1% 1% ft 

14% 7ft Horace 33 13 25 2 gj* Jft ,*ft * ft 

19ft 10% Huffy* 33 Zl 1* 674 ft fttS 

W% 13% HuphS* 23 IX ,9 ,206 2S + to 

28% 16% Human 31 3b )7 )«£ 24ft isw + w 
28% 16% HWHMf D U » 3 CTJ »% + ft 
36 22 Hvdral 1X6 SX 13 18 28% 28ft 28ft— % 


iK •tCSESo idmiij .* ;3 g «b 

13ft 6 Mexus * , Jft Jft ft? *• 

fissVffi 'IS ij iajI 3% 2^ % ;jh 


28% 1*% Human 
21% 16% HunlMf 
36 22 Hvdral 


1731 48 47% 47%—% 

343 13W 13 13 — Vk 

1143 W% 19 m. + % 


1143 W% 19 19W + Vk 

7 40ft 40 40% +lf 

25 20W 20% 20ft + ft 
34 20% 20V. 2DW — K 

884 35W Bft 33 +YA 
961 23% 22 22ft + % 

13 7% * 9% + % 

24 13ft 13% 13% 

n » m m 

121 14 13% T3%— % 

14 13% 13% Wk— % 

804 3ZW 32>* 32% + % 
918 21% 21 21 —ft 

*61 47% 46% 46%—% 
390 BW Mb 8% 

20 1Mb HW 71% 

240 5% S% 5%— % 

10 21% 21% 21%— W 
492 34 33% 33%—% 

9% 23% 23% 

0% 10V, 10% + % 
176 99% 79 39%—% 

22 33W 33W 32W 
6 73 73 73 + % 

WQ 7% 7% 7% 

*90 50 49ft 50 
2 35ft 25*. 35ft— Vb 
1543 % Vb % — 

28 36W 35ft Bft— % 
92 14% 149b 14% 

Ml T7% 12% 12W + % 
053 22% 73 73 — % 

201 lift 18% U%— % 
46 25% 26% 24% — % 
404 39% • 30% 39% 

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.is* 3j * ’w *«5 “ I (Continued an next tefr-hmdpflge) 


V 7 

















People 






JtmliQESribunc 

BUSINESS/FTNANrF 


for creative tasks. 


Panasonic, 

Office Automation|^^ 


^ 

Thompson Drives Away 

With Ford Down UmJ 

By GERALDINE FABREKANT 

N EW YOP ST NeW ^° rk ' Tima Service 

ha t^ 011 J - Walter 

rag for New 7 j»i*«? e ^ 011 additional adverds- 

estimated ^ Anstr ®to The budget is an 

worldwide Ford adwniri? 01 As a ®®sult, the agency «na its 
budget of $200 mflKou. S “ mvolves 15 countries with a 

consolidating oof W ***** boBn P^ty much 

E“ 

*fa*ertoha ldleits v ^ D J — 

Ford has been 


Page 11 


Revlon Restoring Erstwhile Magic 

The Focus Switches Back From Health Care to Beauty 

Hv T inrln n;»n. r~ *' 



-'w uouujw na 

« adwrtising, exop, 
west cennany and Finland. 
X n wf” ^dled by Y ' 


over the 
past year and a half 


r- worldwide. Y&R 

is also responsible for Lincoln 
Jfewny m the United States 
and Ford business in Canada. 

0,3 to New 

Thompson; the l ^SmbCTL^M I rS^ln^ eWcd the woric °* 
OgUvy & ^ther. ? ecdham „^ V 9 rldw ide; and 

account in Australia™ 5 Rnbica:CQ bas a conflicting Mitsubishi 

aboot Eoropc," Yves de Kmodan, a 
«£*™=d CIS. 1 ' 4 ' The agency is 



"■C 


” designed to publicize new 

toS^cS^^LSitiS 811 JnOfa a s *? tem ^ f “re and 
soon and run until 1992, it said. bnriness ““tonges would start 

O SSTK WffiKEND, Thomas Pdlock, chairman of 
MCA Motion Picture Group, received some good news. 

in the MiS ^ MCA’sUmvasal Pictures, “Gorillas 

'nlrif 1, wtoh was nuts second week, was doing very wdL 

The film - based on the life of Dfcm FossaT^TSS 

rouoct said, in part because Sigourney Weaver is not a mairw 
and the plot is not “high concept.” That is HollySSS 
shorttand for a film that cmeasfly be^dbedin one sentei^ 

' ^ research showed that the film’s greatest 

would be for women older than 25. But to make sSe the 

a mdt «”*> aaacd * 

^ a jnamed photographer. With women older than 25 
^ytoe soap operas,” Mr. Pollock 
™rt«r P 130 tonotwn of a woman choosing between career 
a divorce in order to many her. 

i®*™ 0 “I 50 «eated a more action-oriented commercial to 
SSow. 00110 ** lhC mOVie ' 11 town on morning 

Universal also prepared a ooe-mmute commercial that ran 
natKma^tm tte opening night of the Olympic Games. “That 
spot emphasized all action elements of the film,” Mr. Pdlock 
said, adding that he thought the ad was crucial to the film’s 

success last weekend. 


By Linda Wells 

. York Tima Service 
NEW YORK — A woman 
strides into a department store 
and makes her way to the cos- 
roetics area. She dodges a man ^ 
a amna- jacket spraying perfume 
mtothearr. 

She passes a salesman in a lab 
coal chitdnng ajar of cream, and 
coiner waving a comp art of 
multicolored eyeshadows. Never 
mmd the ladylike clouds of rank 
powder and floral fragrance — 
this woman has entered a war 
zone. 

Revlon has its aTTTrnimtHr^ 

ncmly fined iy: Tbere is the 1 m- 
to* with microscopic sponges 
that release pigment and mois- 
t*ne whenever a woman purses 

her lips; the dainty perfume with 

me ominous name, Trouble; the 
dear nrascara; the powdered lip. 
stick; the 464 shades of nail lac- 
quer. 

These products come pack- 
aged under Revlon’s own Iabdas 
wefl as a host rf other brands — 
M** Factor, Gennaine MonteiL 
Cbadra of the Rftz, Halston and 
BQl Blass, to name a few. 

Behind this array is Ronald O. 
Perdman, the dgar-smoking fi- 
nancial wizard who acquired 
Revlon Inc. for S1.9 billion in a 
fatter 1985 battle. The company 
Mr. Ferehnan bought was far 
stronger in legend than in reali- 
gtlts beauty division was foun- 
dering and the company seemed 
more inclined to rfmnfr from 
competition than rise to it. 

It had lost market share in the 
toedy competitive $9 bflKom 
cosmetics industry. Its advertis- 
ing was considered umnemora- 
ble, and its packaging was 
viewed as unimpressive. And the 
ooaqnny's relationship with re- 
tailers was, to put it poHtdy 
strained. 

Yrt in the past two years, Mr. 
mdman has begun to bring 
back (he magic that once made 
Revlon the leading c osmetics 
company in the world. Be has 
scored several hits with innova- 
tive rww products, he has masto-- 
- a dcd aneyc-catching advnrtis- 

IftC Pfllfinoitm am4 k* k«. J-. _ 

a 



Grand Stalks Pillsbury 
With £3.1 Billion Bid 


R^OFtetaan of Revlon: “Dk sJSXm 
to best and most recognized brand names in to worid.” 


string of successful cosmetic ac- 
quisitions. 

w While not a cosmetics expert, 
Mr. Perdman has put new life in 
a company that has had Its ups 

and downs since the death of its 


founder, Charles Revson, in 
1975. 

w What Perdman has been able 
to do in two years is incredible,” 
said Allan G. Mottos, an indus- 
try consultant “The beauty im- 
age is being restored to Revlon. 
But if s going to take a long time 
because it took a long time to 
erode.” 

Challenges remain. Revlon is 
squaring co against formidable 
competitors that are run by sea- 
soned veterans of the mwnwinf 
business — Estee loud er and 
Lancdme in the department 
stores, Naxdl and MaybelHne in 
the mass markeL 

Revlon faces a tough future in 
solidifying its position in the pre- 
carious business of selling cos- 
metics in department stores, . 
rather than through its tradition- 


al drugstore and mam market 
outlets. 

And it most begin to reorimt 
its product line as the baby boom 
generation ages and becomes 
more interested in skin care and 

wrinkle creams than in tradition- 
al cosmetics. 

Mr. Perefanan began this stag- 
gering task with a symbolic gre- 
tme. On Jan. 2, 1986, two weeks 

after he moved into the executive 
suite at Revkn, a 30-inch ( 77 - 
centimeter) bust of Charles Rev- 
soa was dusted off and placed in 

toreception area down the hall 

That bust had been locked in a 
aos et duri ng the reign of Michel 
C. Bergerac, a financial man who 
analysts said was responsible for 
downplaying Revlon’s beauty di- 
vision and steering the company 

See REVLON, Page 15 


«P 


j Currency Rates 


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210*4 

*405 U9U0 

*— uw 

213 09M 

mot aim- 

746T7 144642 
02271 1J06J9 


U5K 
058C2 
3550 
MUH 
2. HO 
301*9 
6356 
07S2S 
23392 
27234 


fcF. 

538 * 

477* 
60045 
35575 
3*04 
01625 
34341 
6041 * 
414676 
36345 


OcL4 
IF. Yob 
1-32*7 157J3 * 

200 02923 

U7H UW> 
1673 2254*5 
•7735 KL4Q 
1483 U03S 
00095 
140 
— - 1J154 

17607 140076 

205K 173271 


rM " Sa m otnartxnfv * ***” YOr* dosing rates. 

Ou, one pound.- c: To buy one Mlar; *: Units of W; HQ.: not 

Other BtHwr Vahw 

Cerreaar Pars Qhtmct 


SAS Unveils 
Accord With 
Texas Air 

Caiqrikdbf 0* Staff From Dbpatcha 

a .yO CKHOLM — Scandinavian 
Atdines System said Tbesday it 
h^ amed to pay Texas Air Coro. 
$50 muhon as part of a cooperation 

pact that also gave it the right to 
— take a 10 percent stake in theHous- 
4j5i • ton-based company. 

An SAS statement said that the 
agreem ent involved joint facilities, 


By Warren Getler 

lm emotional Herald Tribune 

LONDON — Grand Metropoii- 
t* 11 PLC, the British beverages anfl 
food conglomerate, on Tuesday 
launched a surprise £3.1 billion 
(S5.26 billion) hostile bid for Pills- 
bury Co., the American food and 
retailing giant that owns the Bnraer 
King chain. 

Flush with over $2 billion in 
from the sale Friday of its Inter- 
Continental Bolds chain to a Japa- 
nese company. Grand Met said it 
was offering $60 a share for PQls- 
bmy’s outstanding stock, in the 
largest takeover offer for a TJJS 
company by a British firm. 

Pfflsbuiy has faced several diffi- 
culties over the past year and has 
for some time been the subject of 
takeover speculation. 

While Grand Mel’s offer was a 
more titan SO percent premium on 
Pjllsbury’s closing stock price 
Monday of $39, causing an imme- 
diate surge in the stock Tuesday, 
the trading price (fid not exceed the 
bid. This suggested the market saw 
the bid price as fair. Pillsbury stock 
rose $ 18 JO to dose at $57.50 on the 
New York Stock Exchange. 

Analysts noted that the offs 
price rates Pifisbuiy at 21 tim^ 
historic earnings. 

. PHkbnry said its board will re- 
view the offer “at an appropriate 
time" and urged sharcnolders to 
take no action in the meantime. 

Allan Sheppard, chairman of 
Grand Met, said at a news confer- 
ence that the proposed takeover 

was aimed at gtwn g the British con- 
currently capitalized at 
£4 billion, the “critical mass” to 
become one of the world's “greatest 
food WWfflttntJOfl " 


AT A GLANCE 

PjBsbwy Co. 

ARdoflw- amounts hi moueends. 

per there ttoa 
Tbraa month* andwt 

£“* 31 3*00 1007 

31,480000 Si .460.000 

“**«*» "• 71.400 56.800 

Eamtaeoporotara SM3 S0.66 

YMTMMJad 

T** 31 1*08 1907 

£*«■«• 16.190.600 Sfl.127.SH] 

69JOO 181^00 
Ewata g aparM— SOJi S2T0 

Main Lkwa of BoaioMs 

ConWtxnaon to 1985 revenues 
ConaumarRxxfa . 58*i 

R a tfui ama 42>. 

Total 31 .1988 S3. 840.000 

CufrwrtaMatt 1,312^00 

CurTwnriabSWes 1.305,100 

Long-tamufebt 948,100 

Book value par stiare. 

May 31 ,1888 * 10^3 


AoJtnri.1 
A<ntr. ictiK. 
Mk.Bn.lr. 
Brazil cm. 
M 


p«ri 

B00 

U666 

1307 

39-30 

3086 

U0B 


Graeftdroc. 


Pars 

43*3 
15100 

HaoaKoaas 7012 

IMtonnjpM I4J6A 

tmto-raptah 170UB 

«r»* 06M9 

jyvon* 37221 lirnsll ibak. 1Z455 

knma 7.150 Kuwoffidlaai- D5H7 

eayptwmnd 20129 Mom. rim." zsn 

New York rates unless marked- (local roiej 
K 

«W MMtoy JB-day 
1007 UU1 IjMBO 
13376 13200 13200 

10576 USB 10471 


c manor Pars 

Mulpm 2290M 
N-ZaatondS 16299 
Nla. naira- 4.1033 
Warw. krona 60S 
PMLpaao 21333 
Pari c ic ada 15350 
Saadlrtyar 27503 
Shw.1 2036 
s. KtT. BN 71600 


Pars 
LAIf.iM 249 
SavtatraUa* 06282 
Span. pesaK m pf 
smAknaa 03045 
Taiwan S 2093 

Thai bakl* 25495 
TnrttWiUro 166077 

UASdMmm- 34729 
-hoHv. 3050 


ground handling, marketing and 
rales representation between SAS 
and the two major U.S. carriers 
controlled by Texas Air Eastern 
Air lines and Continental Akfioes. 

“In addition,” h said, “the par- 
ties will have strong fhumriai and 
management ties.” 

The option agreement gave SAS 
the right to buy up to 10 percent of 
Texas Air’s common stock on the 

open market or by tenders. The $50 

nuthon would be paid in three in- 
stallments as various stages of the 
agreement were implemented. 

SAS said the agreement, reached 
* fter nearfy a year erf negotiations. 

Sources: tndosua Bank (Brussels!; Banco ConemnMe HaHona (MUanJ; Banaue Nadonde mdn^ys first COm- 

* Par/I (Paris); Bank a f Tokyo (Tokyo); imp ( SON) ; BAU (dinar. rtyuL Orton,); GasOonk Prehenave, global affiance between 
(ruble). Otaerdata from Reuters antf HP. Iota iMinr - ~~ - - ■ 


. Pouad StarUoa 


UH7I 

1J350 


12T20 10133 
15600 15630 


i 


Interest Rales 


] 


Eurdcni'rem) 1 P e p *aK* 

Swiss 

Dollar D-Mark Franc 
1 month SkrOHi BOMBh IMh 
2awnVu OU0H 4»s 1MH 
1 months IMS IMh 39b-» 
4 months 8«r08k 5twdh 316-3fk 
* tar IMh SY.-5* 39b-4 


StarOnp 
n?M2 
llb-li 
11 Bfa-Ulh 
1110-12 
11 y«-11 *w OHrOk, 


71W% 

TtUTMi 


Yaa 

4Mh 
4 hr 4% 


0cl4 

ECU SDR 
7«r7h 69k 
71 WVi 7 
71MH 7Vt 
7»r7>K> 714 
nh-716 71k 


Sauran.- Morgan Guaranty (Dollar. DM. SP. Pound. FF. yen); Lends Bank (ECU); Reutars 
(SDR). 

Boles onaKaaMt to tntartank deposits at SI admen mkthmm (or emdvdkatt). 


Key M— eyBateo 

Class 


UaBadSkdi 

Wscoaslndt 

Prtaarata 

FadMltaadt 

Caw mmt w-179 aon 

3-aonDi TroasKV MHs 

4 s w alti Trus ur T MOl 

bawatbCn 

lai aalbCDk 


DhaMitrale 


MnaatraM 


MD«m WfrtoaR 
hnoafb laMCOMk 


6» 
1309 
0 
7 JO 
702 
74* 
750 
000 


to 

m 

45716 
4 S/16 


Jfe 

500 

60S 

US 

iU 

530 


Oct. 4 


Vh 

1000 

13716 

750 

707 

743 

700 

000 


2b 

4b 

4U 

414 


JVi 

509 

405 

US 

125 

530 


Hilan Itillar Brpoilti 


ih-io 
iu-m 
n*-m 

8 lk-0lk 
Bah-Oah 
Source: Reuters. 


OtL 4 


Cag m aow 


bdamiitaanM 
coflnenav 


4 awotn inUrtoML 


1190 1200 

in* nvk 

1100 WB 
I2JBTI U716 


70B 700 

.711 713716 
7H 79716 
716 71171* 
000 100 


Sources: Reuters. Bat * or Tekm Coat- 
nwatank. (MM Lvomus. 


PA M omyMBtot 

fleid 


MtfTUILnwhltaadyAnals 
3*0ay avaraya yWd: 


7J1 


Talarate Intaratf Rntc Index: 8084 
Source: AtorrUt Lynch, Tol era t e. 


j Gold 


two major international carriers. 

Continental currently has service 
from Newark, New Jersey, to Lon- 
don and Paris, and from Miami to 
London. SAS has service between 
Scandinavia and four U.S. dries, 
New Yrak, C hica g o , Los Angeles 
and Seattle. 

SAS has been seeking partners 
and affiliations with other camera 
to make itself more conmetitive for 
the upcoming deregniahon of Eu- 
ropean airlines, which might enn^lr 
it to add additional routes to the 
United States. 

The agreement with Tesas Air 
may also hdp to persuade Conti- 
nental passengers arriving in Lon- 
don or Paris to connect with SAS 
flights to theahfine’s extensive net- 
work in Scandinavia. 

It also gives SAS access to Ccmri- 

nentaTs new terminal at Newark. A 
. similar arrangement is envisaged 
for Eastern’s temwiuj - at J ohn f. 
Kdtitody International Airport in 
New York, after renovations. 

The SAS chief executive, Jan 
Carbon, has said hen - ■ 
the c om p any one of 
five mimes. Bnt die i 
home market of 17 mOHon 
is considered too small for 
succeed with it alone. 



A combination of Grand Met 
and Pfflsbuiy would have sales of 
more than $15 billion, based on 
reported figures and adjusting for 
the sale of Inter-Continental 
It would also reorient Grand 
Met away from its d ominan t bever- 
ages business, whose share of over- 
all revenue would fall to 32 percent 
from the current 51 percent, and 
more toward food, which would 
rise to 39 percent 
Mr. Sheppard said he was pre- 
pared to negotiate the price and 
other dements of the offer. 

“This is not a token shot to get 
KUsbnry’s board interested,” said a 
leading industry analyst in London 
who asked not to be identified. 


‘‘This is a pre-emptive strike. It’s a 
full bid that has credibility largely 
because of perceived weakness in 
Pfflsbuiy management in the Unit- 
ed States." 

Ron Utileboy, analyst with No- 
mura Securities in London, said 
Don't expect a higher bid from 
prand MeL It‘s either take it or 

wave it They are paying a full price 

and they know it." 

Boo Morrow, food industry ana, 
lyst with Smith Barney, Harris 
Upham & Co. in New York, said 
the Grand Met bid was an “aggres- 
sive" move that stood a good 
chance of Minress. 

Pillsbiny, which has experienced 
a management shakeup and has 
hem straggling with some of its 
lood-retailing businesses, had sales 
of $6.19 billion in the year ended 
May 31. 

Ou Aug. 1. Pillsbury named the 
former General Foods Crap, chair- 
man, Phillip Smith as its chairman, 
president and chief executive offi- 
ce-, in a management shakeup that 
followed poor ratings by analysts. 

Criticism at the time wasfocused 
on inconsistent management of the 
group’s restaurant business, partic- 
ularly at Burger King, the world’s 
second largest fast-food chain after 
McDonald’s Crap. 

The British conglomerate said it 
has substantial experience in food 
manufacturing and marketing 
through its British-based Express 
Foods subsidiary;, and it claimed 


that its management of more than 
5.100 pubs and 280 restaurants in 
Britain provided the group with 
ample experience to run the Burger 
King chain successfully. 

Some analysts, however, said 
they thought Burger King would be 
difficult to turn around. 

Grand Met said its tender offer 
for the Minneapolis-based food gi- 
ant is valid only if Pfflsbuiy wire- 
draws its “poison pill” defense ve- 
hicle: a contingent, preferred rights 
plan for Pillsbury shareholders that 
allows them to purchase Pillsbury 
stock in the event of a bid at half 
the market price. 

The British company said that it 
had initiated a civil suit in the Dela- 
ware Chancery court that chal- 
lenges the validity of this defense. 

The bid for Pfflsbuiy confirmed 
speculation in London over the 
weekend that Grand Met would 
use the proceeds of its Imer-Conti- 
nental sale to Saisou Group of Ja- 
pan to help finance a major acqui- 
sition in the food and beverage 
sector. Cadbury Schweppes PLC 
had been considered the prime can- 
didate. 

Grand Met said Tuesday that the 
hotel sale would yield a profit of 
$900 million. 

In addition to the $227 billion in 
gross proceeds from its hotel dis- 
posal, Grand Met said it would 
finance the acquisition through 
several other means, including a 
one-for-seven rights issue of loan 
stock worth £479 million. Follow- 
ing the announcement. Grand Met 
stock fell 32 pence to 454 pence on 
the London Stock Exchange. 

In addition, Grand Met has lin^j 
up a credit fatality of $3.75 billion 
from four British clearing banks. 

Mr. Sheppard said that a further 
credit line of more than $2 billion is 
bang arranged. Some of this debt 
twD be reduced through eventual 
disposals of Pillsbury businesses, 
particularly among some of the 
soup's restaurant operations other 
than Burger King outlets. Pfflsbuiy 
amffols over 5.500 Burger Kings m 
the United States, some 85 percent 
of which, however, are franchised. 

Grand Mel, which acquired the 
Smirnoff vodka label through its 
$1.2 billion purchase of Heublein 
Inc. last January, from RJR Na- 
bisco Inc n is also engaged in a con- 
tested battle with Pernod Ricard 
SA, the big French drinks group, to 
aoquire Irish Distillers Group. 




; v -. ^.-7;^ 







HoaaKam 2*7 js 

Hmew fao nr a 3*723 

Ports (tUHk) 3*B25 
Zurich 39701 

London 3*705 

NOW York — 


PM. 

31735 

39806 

3*735 

3*830 


ment was bromly favorable fra 
SAS, though some questioned 
whetiw Tern Air was the id«ii 
partner. 

“It is important for SAS to get 
agreements with other airlines,” 
said Johan Strandberg, an analyst 


Ocl 4 

cm 

+UB 
+ 3.15 
+233 

*HL5D ' — 77 V ~ "** — ou oiidiy&i 

+250 with the Stockholm brokers Hazc- 
+w lofc & POnshaeh. “Whether Texas 
“ to best cne is more 

otgsi tmg Kong and Zurich aeengtg and „u, ,« 

desk* ork*$; no* Ye* agot market dose, aoie, although there are dear ad- 

AU prices In US. t per ounce. 

Source: neuters. 


The greater your financial 
success, the more serious the 
implications of downside risk. 
Yet the rewards won’t go away. 
Opportunities will always exist. 
In private banking, Republic 
National Bank remains com- 
mitted to protecting customers’ 
assets. 


See SAS, Page 13 



That means staying cautious, 
even when your financial objec- 


REPUBLIC 

tives are within reach. NATIONAL BANK 

Because when safety is ensured, r)|7 WF*W7 VTlRK' 

SO is your reward. /ntTirinr f VIUV 

Republic National Bank I SUISSE; SA 

of New York. A matter of trust. 



asafrabank 







Page 12 


#* 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER S, 1988 


Iuesda>s 

MSE 

Closing 

Tobies include Hie nationwide prices 
up to Hie dosing on Wall Street 
and do not reflect tote trades elsewhere. 


r.N*A tft 
won low Stock 


Wy.YW.PE 


III. 

WBHWiLPB 


CM* 

teot.Ofre 


It Month 
NUiLm Stack 


□iv. Yia pe 


St , 

n»snlgi Uw 


Qwtoroe 


(Continued) 


-22 

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732 28% 28 2Bto — * 
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AS 3 X 1274 m* Hft HW- » 

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236 7.7 10 5«2 »> 

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46V, 46% -1% 


LB 17 

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146 
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31% 12 Pork El 
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271* 9ft PavCsh 
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40 17 9 
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71% 7% Stontims 48 11 11 

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13% 


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i73 

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159 70% 70 70% — 16 

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94 83V* PhEpfS 950 114 

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116% 100% PtlEpfMUS 116 
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34% 17% PledNG 148 
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9V» 3% Systlnf 


18 W8 2 1% 2 


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70 31% 31% 31% — % 
40 0% 0 0% + % 

84 9% 9 9 — th 

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114 13 12% 12% 

3 27 27 27 

1153 564* 50 56 —1 

312 50 49% 50 + % 

1735 3*k 3% 3% + % 

73 fPA 8% 0% + % 
880 22% 22% 22%—% 
733 24V* 24V* 24% + % 
314 17% 1716 17V* + % 

21 mi 11% 11%— % 

X4 13 1781 39% 38% 3ff%— V* 
4 19 275 35V* 34% 34%—% 
» 9% 9 9% + V* 


300 33 30 


13% 0% TCBY 

8% S% TCW 
8> 53 TDK 

26% 21% TECO 
P* 5U. TCIP 
10% 10 TISn 
25% 11% TJX 


414 4 19 

44 104 
J2e 4 
142 64 12 
30 


302 12% 12% lHh + % 


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I 25% 9% TWSvc .10 4 21 


.94 66 14 


8% 

8 


1.96 


5% PIlgRg 
3% PllgPr 
48% 28 PlUbrv 
311* 21 PlnWst 
60 29% Plotu-El 

47% 29% PltnvBw 
16% 8% PtttSfn 

191* 10% PlcrO p 
28% 16% PksinjP 
27% 11% Pkuitm 
01* 2% PaOOPd 

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23% 9% PapeTai 

13 3 Partec 

25% 20V. PortGC 
28 25 PorC Of 260 

36% 21 Potttcti 144 
24% 18 PatmEI US 
36 V6 18% Premrfc M 
33% 21 Premrs 40 
<% 4% Prftnfc n 
20% 11% PrtineC 
~ 21 PrhneM 


33V 25% PrapCp 40 14 
70% 33% Prolrr 140 23 
tO* S* Pnilntn 25r £7 
1% % PruRIC 

7 5 PruRI 48e107 

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23% 17% PSvCoi 240 94 
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80% PSInpfCSJS 10.1 


110x112% 112% 112% 

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14b 8 1 83% 83V* + 

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4 SO 46 11 9036 Iff* 97% 98 +1 1 

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9 

43 

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.16 J 12 85 21% 21% 21% „ ■ 

6 54 4% 4% 4%— % i 

40 U 24 2151 29% 39% 3^«— h 

40 19 7 87 17% 17>6 17% + ■* 

9 J* 4% 2* + '6 ■ 

94 14 423 21 20% 20T»— ’* • 

94 1 26% 26% 26% — Va 

35 8 210 30% 296 20 — % . 

65 II 1273 21% 21 21% 4- 

1.9 12 205 32% K% 32'*- *S ■ 

14 19 24 29 2B=« 28’»— •* 

235 6 6 4 — 

1210670 1S% 14% 15 + % 

„ _ 3 17 273 34% 33% 33T» 

19% 12% PrMLM 1000114 18 44 17% 16% 17 + h , 

48% 211S Prtmco 140 SJ 9 742 28% 20 5’*— % 

84% 39% Prime pf U* 6.1 1 £L 49 2. “ , 

103% 60 ProctG 240 35 13 1646 79% 79 TT*- i — — ^ 

19 12% PrtRs 40 14 17 42 H* 16% W%- * | ^ 

5 60 62% 61 r * 62v»— %■ 

411 91i 9 9 % 

3 114 1% 1% 1% 

77 6% 6% 6% 

743 9 8% 9 +■ ’.* 

8 1315 21 H 21% 21% — % . 

22 21% 21% 21% + '« 

200z 83% 83% 82%— 

5 2(6 VIPSMH 275 4 J - ) < 

9 4 vIPSNH pf 220Qz 6'i 6 6 — % 

7 7% 7% 7-.i | 

25 9% 9* 94. ' 

50 8U 8 8 — 'U . 

21 7% 7% 7Y, 

9 1096 14% 13T« 14 
82 10 2231 24% 24'm 24% 4- % 

aaxtz 53% 53% sr* T % 

lOte 68% «% «•* + % . 

3040= 77% 77~t 77»i — ’6 
7S0Z79U 7Z k 73^—1% : 

20z 80% HT* 83'* 

V 2 7 7 

36 42% <lii -C% + % 

303 19-4. 19% 1 T-. 4- % 

109 B'i ?% 1 ; m + Va . 

534 9% 9>i V'i- % 

698 9% 9% 7% + % 

415 9*% 9% 9% I 

1462 r.3 9% «%— % ; 

46 STa 5% 5^ + va ' 


40 25 

11 

16 

<00 U 13 
1.15# 53 6 
32 2.1 16 
A 14 t 
.90 94 
104 <J 


541 

100 


294 


64 12 4304 


3 % Tacat 

22% 9% Taller 
64% 44% Tamed 
37 12% Tandem 

56% 2E Tandy 
10% 12% TnaveH 
14% 9* TchSvm 

36U 20% Tekfrra 
j J* 1% Talcotn 
! 29 14>u Teicntn 

i 382 243 Teldvtl 

- 27% 1b TaM 
■ 26% 10 Teirtes 
64% 2 5 Tempi f 
• 10% 9% TmpGl n 
eXn 34% Temco 
36% 13 Terdyn 
15% 7% Tesora 

28% 16% Tesorpf 
STl 26% Texaco 
0% % TxASc 

35% 20% TexEst 
3 O'w 3AV> Tex Inst 
31% 22% TkPoc 
31% 24% TexUtll 
3% 4 Texfi 

10". 9% Texfi ate 

33% 17’i Textrns 150 
9 4% That* 

70 'u 12U Thai n 
23* tO ThrmEt 18 

63-* 41% ThmBel 144 35 14 

24% IK* TtIQmln 48b Oil 13 

22% 8% ThmMed JO 1J 13 

11% V TMAMfl 130 1U 9 

22% 10 The rind .12 1J 10 

20% 3% Thartec 
4 Tldwtr 
14% Tiffany 
5% Tkjrrln 


318 79k 7* _ 

120 45% 45 65 — % 

618 23% 23% 23% — % 

28 7% 9* 9% 

12 10 10 10 

50 21 17 405 24% 24 24ta— V6 

16 19% 19% 19% 

484 44V. <5% 45%— % 

1 170 170 170 +15 

3^ 24% 24^ 2flh-% 

£; + & 

15 2044 14% 14V. 14V.— VC. 
40 15 12 1524 41% 40% 41 — % 

24 6 12% 12% 12% 

11 S2 13% 13V* 13% 

930 20% 20% 20% 

9 1% 1% 1% + % 

13 16% 16% 16% — I* 
153 330V. 324% 326%— 3% 
3295 22V* 22% 22% — % 

440 15% 15% 15% 

1298 52% 51% 52 — th 

714 9% 9V. 9% 

3306 48% 48*4 48%—% 

1712 141* 13% 14 + % 


393 12% 11% 11% — V* 


14 


21% 20% 20%- 
- 44% 44% 44%—% 

40 K % %— ? 


uo 

72 

AO _ 
288 104 


35 16 1183 25% 25% 25% 

18 13 3996 40% 39% 39% —1% 
W 45 14 30% 30V* 30th 

2000 27% 27% 27% 

426 6% 4 4% + % 

10 9% 9% 9% + % 


38 9 


JO 


41- 

4% 

4% 

29 

24 

V 


12 % 

’a 


PSMH 
.PSNH Pf 
IPNH pfB 
PNMpfC 
PNHPfE 
PNHPfC 

1J2 105 


3 Vi vl 
5V* Vll 
3% vll 
. 3% vl 
27% 12% PSvNM 

34% 2D PSEC 

59 50% PSEGpf S38 98 

77V. SSV* PSEGPt 480 95 
04 7t PSEGpf 7 JO 9.9 
86% 71 PSEGpf 780 108 
08 77% PSEG Pf 80S 108 

3% 1% Put»kk 
46% 16% PRCem 800 L2 
21% 17% PuoetP 1J6 9.1 
9 6% PHICfl 85 103 

10% 8% PICITn 181 10.9 
10% 8% PMIITn IJ>3 118 
10% 8% PMITn 1.10 1U 

10% 9th PPrIT n 1.14 IZ2 
6% 3% Pm 


34% 7 QMS 
3% % Qontel 

58 31% OuakrO 

27V* 13% QuokSC 
14% 4V. Quonex ..... _ . 

105 49 Quorum Z20 28 II 

10% 7% QSIVI 180 98 
9* 4% QitVC 719 

30% 36% Questor 188 SB 20 
23% 10 QkReily 84 a 11 0 


13 ID Tit 7jt T*— % 

2 RM * *d ■ 

U0 12 17 6118 S5-* 54% S'* +1% 

80 38 37 6354 71% 19% 20% +1% 

88* 8 11 356 13% 13 13% + % . 

7T3 101 99% tooth + ‘A : 

122 10% 10% 10% + V* 

43 B*. B B7a + % 

31 32th 32% 32%— !* } 

12 11% IV.* 11% 


21 * Thnkns 
2% Titan 
1% vlTodSh 
13T» Tokhem M _ 

19* ToiEdpf ZSIalU 
23* To/EdPt 2£t TT.r 
25V4 20-1 TolEd of 284 108 
27* 19V. TalEdPf 221 11.1 
27- 19>4. TotE odltttTfeVU 
7* 4% TollBra 7 

a 7% Tonka 
36% 20* ToolRI 230 J 18 
37* 71% Trcnmk 120 19 10 
24% IV* Taro AO 28 10 
3% 1% Tosco 7 

44 16 Tosco Pt 277 SJ 

40% 22 TdvRU 
12 T* Tmmel 
37% 14 TWA 
17% 14 TWA pf 225 148 
■u* 22% Trcnsm 188 54 7 
26% 21 T ranine 128a 98 11 
14 Vj 10% TmCdOfl 88 «J 

10 4% TmscoP 5 

39 18 Tronseo U4 4.1 

49* 37* Tmse of 4 JS 97 
IC% 4% TranEx 88 144 
4% 2>h Tronsen 
99% 95% TrGPPf 864 17 
24% 24 TrGP Pf 2fC 9-4 
30 14% TmsTec 86 48 » 

46% X* Trovtor 140 68 64 

33% 20% Tricon 48«e2l.l 

30V* 27% TriCnpf 280 88 

49% 29% Tribune 35 18 18 2 

37% 14% Trtnty 80 (6 33 

<3% 20% Trmawo AUDI 
17% 6% TrttnGs 3 

23% 11% TrltEna .1 0b .7 10 

77* 10% TrttE pi ZOO 98 

59% 4»k- TucsEP 190 

13% 7 TWfex 84 
33% 171a TwInDs 80 
36% 15% Tyco Lb J4 
11% » Tyler A* 


1420 24% 25% 24 + % 

20 7% 7% TV*— Vh 

170 13% 13 13% + V. 

77 19% 19 19 

149 48V* 47V* 47V*— I 

78 23V. 23 23 

4 21% 21% 21% + % 

83 10% 10% 10%— % 

13 12% 12% 12% — % 

154 4% 416 4% — % 

207 6% 6% 6% 

820 302 40V. 19* 40 — VS. 

8 443 13% 12% 13V* + % 

1J00 8 24 1828 112% 709% 172 +2 

.92 28 15 700 32% 31% 31% — % 
80 28 21 1048 31% 30% 31%—% 
166 2% 2% 2% 

35 2% 2% 2% + % 

11 12 624 22% ZPA 22% 

9 22% 22% 22% — % 
27 2516 25% 25% 

2 21% 21% 21% 

11 20 19% 20 + % 

1 71% 21% 21% 

113 5% 4% 5% + % 

110 10% 9% 10 + V, 

36 31% 30% 31% +1% 

339 31% 31 31% — % 

9 18% 18 18% 

1631 3% 3% 3% 

222 41% 41% 41% + th 
23 31*8 39% 39% 39% — % 
1J6 142296 76 9 8% 8% 

216 JS* 34% 35 + % 

182 15% 15% 15% + % 
1191 35 34% 34%— % 

19 3416 24 24 — <4 

39 11 10% 10%— % 

14 7% 7% 7% + % 

145 32% 32% 32% 

55 4641 48% 48% 

141 6V. 6% 6% 

192 3*. 3% 3% + % 

Jfera* 981. 98% 

2 26% 26% 24% — % 
33 18% 18% 18%— % 

1165 35% 35 35%—% 

216 21% 21% 21% + % 
4 28 28 28 

2204 39% 39 39% + % 

158 31% 31% 31% — % 
27% 24% 27% + % 
15% 15% 15% — % 
!J% J3 17*- % 


I! Month 
High Low Stack 


oh.YW.re 


M. 

HOSHtabLew 


poet, on* 


.12 J 


-46 

80 


M% 2% UHMM 
2% 1% UPfcAtn 

47% 26 USOtrO 
4% 1% USHbfrt 

32% 12% U 5 Shoe 
34% kith US Sure ... 

59% 42% USWoa 382 
57% 30 UnTectl UO 
43% 23% UrtiTef 182 
»% 14 UWR 84 
13% 5% United* 

27 Ml* unhttr JO 
35% 25% UnviCa U8 
38% 21 UnvFtJS 188 
12% BV» UnvHR 180 11.9 II 
8% 3% uMatch 
7 3% UnvMtd 80a 84 

40% 21 Unocal 180 28 
4*h 33%. Upfohn 88 19 

5 ^W 15 ^ 

3^45 » iSH 

»% l»h UtlllCa 1.12b 58 
36 .3S% U>UCepf2J4 98 
Z7% 23V. ut»Caar28T 9J 


A3 8 



85 

4% 

4% 

10 

£ 

ito 

29% 

3& 

74 

& 

2% 

24% 

2% 

24% 

17 

40 

nv. 

30% 

10 

1735 

an 

57% 

8 

34 

5702 

2765 

%* 

39% 

41ft 

14 

76 

17% 

17% 


54 

7% 

7% 

a 

22 

32* 

2TA 

■ 

16 

Ml 

244 

29% 

34% 

& 

11 

33 

lift 

11% 


24 

4% 

6% 

12 

272 

4% 

4% 


4929x 34% 

33% 

17 

S3S7 

32 

37% 

8 

61 

fft 

9 

9 

248 

3*% 

38 


J1 

» 

1« 

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777 

31% 

30% 

9 

157 

19% 

19m 


) 

24% 

24% 


? 

24ft 

24% 


’&■ 


41 +1 

41%— H 
17% — % 
7% + % 
27K— % 
29% — % 
36% + % 
1J%— % 
6 % + % 
<%— V, 


7 % + % 
38 % + % 
f + % 


38% 22 VFCp 
14% 4% VaBU 
75* 4% Valero 
» 22% VfiMypt X44 135 

25% 15% Voter pr 286 98 
7S* 16. ValNG 150 US 23 
Kk IV* Volevln 
21% 13% Vanor i 
18% *% VKnwn 
7% 2% VOreo 
39 18% Vartan 


84 W 11 2074 29% 38% 29% 
JOeZl 36 100 9% ft* ft*— % 
2S48 8U 7* 1% + V, 

3 25% 2S% 25% 

130 21% 21 21% + % 

83 17% 17 17% + % 

39 2% 2% VA + V* 

83 17% 14% 17% + % 

185 10 9% 10_ + V* 

92 3% 3t6 

734 


80 


10 
3J 11 


Mi 


3% 

2 

Verify 



6 

2227 

Sto 

7* 

7*— % 

1044 

43Vk 

N0v 

*18 

*30 

8.17 

*29 

+.12 

2SU, 

U* Varthrpt 1J9 

*4 


14/1 

19% 

im 

ifto 

1034 

553 

Jan 

037 

440 

*27 

Ufto 

+.13% 


11% veeco 

AO 

ZD 

,9 

707 

70ft 

19% 

2016 + to 


*79 

Mor 

*33 

*46 

*32% 


+.12 

13% 

11% VeatSe 

120a 93 


13 

13 

17% 

13 

104Q 

*48% 

May *31 

to 

*30 

+.13% 

6* 

3% venra 




73 


3ft 

4 

9J4 

7.47% 

Jut 

*22% *35 

*22% 

*34% +.13% 

or* 


VoEPpt 7J2 

96 


220x 79% 

7V 

79 —Th 

9JT 

735 


*» 

*20 

*w 

*19% +.12% 

87 

73 

VOEP Pf 7J7 

9J 

102Sfiz 79 

7B% 

79Vi- % 

135 

731 

S«p 

7-SI 

7JZ 

7 JO 

760% 

+.11% 

32% 

14 


JOt 16 

U 

K 

-IBM 

S2 

3 Dta 

753 

*63 

Nov 

7.13% 

135 

7.n 

724% 

+.11 

61 

20 

VWoCh 

SO 

1J 

21 

424 

S FA 

52% +1% 

7 M 

723 





132 

+.11 


6 

ion* 74 

158 99 


vans 

vomad 

VvicM 


U2 


27 
24 12 


138 10% IffA 10% 

11 HUM 100% 100% 

S 1 St ISO % 151 —1 


w 


26to WICOR 

Z68 

76 

1 

34 

36% 

34% 

34ft 

_ 

% 

2% WM5 




29 

6% 

6to 

6*6 


% 

21V. WPLs 



14 

71 

23% 

23% 

23% 


% 

10 * tvackltf 

6Ua 2.1 

13 

20 

,9% 

into 

19ft 

+ 

* 

4 Walnoc 



5 

314 

4M 

6% 

6ft 

+ 

W 

20 WalMrt 

.16 

S 

24 

3417 

32% 

321* 

37% 

+ 

% 

2446 Wotarn 

JO 

19 

14 

1202 

33% 

31*6 

37% 


ft 

31% WalCS w 

64 

16 

14 

112 

42% 

41ft 

42% 

+ 

ft 

17% WtsrnC 

J6 

U 

17 

2340 

36% 

36% 

36% 

+ 


38% WrnCef 

3J2 

£6 


12 

64% 

64 

64% 

+ 

% 

J% WmCut 



70 

70 

4% 

4ft 

4ft 

_ 


48to Wornri. 

2.16 

Z9 

14 

431 

74 

73% 

73% 

emm 


19% WasOGs 

1J1 

76 

9 

92x 25% 

25% 

2S% 

+ 


1916 WsbHal 

IjOB 

40 


153 

27 

76* 

25ft 



22% VYWrtW 

Z48 

9.1 

10 

51 

27 to 

73 

27% 

— 

% 

9 Waste 

At 

12 

24 

7439 

42V. 

41% 

41ft 

+ 

ft 

19.. WOfkJn 

A0 

U 

12 

IM 

27% 

27 

22% 

+ 

% 





34 

2% 

2ft 

2ft 









13% 

1X6 



6to Waaam 

130 

1*3 

5 

142 

7% 


7ft 

+ 


18% WelaPI 

160 

66 

15 

76 

26% 

35% 

25ft 

— 

ft 


JO 

US 

14 

43 

a 

27to 

>7*6 

— > 

% 

12 Wrttnui 



16 

6Z3 

35ft 

JSVz 

35ft 



37% WtllsF 

2-40 

36 

7 

1054 

67ft 

46*6 

66ft 

— 

ft 



93 



14H 


16* 

— 


4% Wendys 

34 

16 

a 

3143 

6ft 

6ft 

6*6 

+ 

ft 

12U Kites, 

30 

23 

17 

B 

12ft 

12ft 

12ft 



47% WPanPMUn 

*9 


55tt 

50% 

40Vi 




21 WIPtPe 
*% umictEe 

1.10 

Zl 

13 10756 

40 

a% 

39 

+ 

*6 

M 


13 

75 

13% 

13% 

13% 




7% 

as 


£2^ 

oS 

14% 


9% 

28% 

54 
41% 

14% 

2% U> viWCNA 
9% 2% WWCNApf 
14V, 13V. WtGepf 180 123 
20% 3* WStnSL 
4% 1% WUnlon 

91% 34 WUnpfA11A8e2&7 
23% 9% WUn PtB 3JJ0 2SJ 
74* 40 WstoE ZOO 
37% 23 Wsfveo S3 
35% 19% Wvrer s UO 
44% 32% Wevwr PTZ62 
27% S% vlWfiPIt 
S3 16 vfWPII PtB 




L.S. Futures 

Via The Associated Press 


Season Season 

Hltfl LOW 

Oeen Htab la* 

Oft. 4 

One Ota. 

1 

Grains 

l 


Staton Semon 
Hton Low 


Open Htah Low Ctaae ©to- 


Food 


WHEAT CCBT1 _ . 

W’ m sr mH sn ssrtir ai«,t 5 » 

3% Mar 426% 4A% <25% <2T% +80% 

420 380 May <00% 487% <00 <02% +82% 

jS 357 Jut 381% 387% 380% &£ +83 

17j 150% Sep Z66 +81% 

Elf Sotos Prey. Sotot UU19 

Rrevlom Open Inf. 7U60 aH3» 


CORN (CBT) 

bu minimum- dotunpcrbiiitial 

185% D*C 2SBU 2SS 2 SO 

183% Mar 2J6 U8U. 195% 

287% May 288% 101% 287% 

283 Jut Z93% Z5B 254% 

Z45 Sep 233% Z7S 231% 

27S G*C ZS* 2J0 156% 

Z42 Mar 263% Z65 242% 

Pmv.Sctes 40SSS 




350 
16* 

248 
X17% 

Z95 

Z70 

Em. Sotos _ . _ 

PnwTDav Oeen 1 pL 237814 up 1511 

SOYBEANS (CBT) 

5800 bu minimum- doBan per suMtel 


2Bf% +84% 
Z99% +83% 
380% +82 

297% +8W. 
Z73» +81 V> 
Z3W —80% 
2+4% —80% 


EsLSaiea . . .. _ 

Prey. Day Open I at. 120410 act 60 

SOYBEAN MEAL (CBT) 
mows dnfKifiPTtan 
37100 15980 Ocf 26180 21380 

31880 15980 Dec 24 LM 26780 

31380 17480 Jan 24CL50 2*450 

30880 1B750 Mcr 254J0 36059 

30<00 20050 May 25150 ZHJM 

30080 22180 JuJ 24450 241Z0 

29880 27750 AuB 23950 24280 

2S480 7T-L00 Sep 23080 2X100 

21080 rn* fr) Oct 9»inn Twrw 

26080 20380 Dec 21580 21480 

Eat. Sol,* Prev- Sales 19589 

Prew. Dav Open inf. 7SSS3 up495 

SOYBEAN OIL {CBT) 

40800 lbs- donors per 100 Cbs. 

3480 17 JS Oct 2420 2143 

3L2S 1880 Dec 7AJS 24J0 

3195 20.75 JOT 3453 2S1S 

3350 2085 Mar 2545 23J0 

3ZM 2245 May 25.90 24.10 

3250 2245 Jul 2680 2525 

3205 2115 Aug 2680 24.10 

2950 2580 $*p 2SJC 2680 

tbbo 22J73 Ocf yiw ^ns 

2BJB 2280 Dec 2S25 2548 

Est. Sales Prev. Sates rtjai 

Ptwt. Day Open Inf. 81345 off 1.143 



2*02 

2*33 

+31 

2*47 

2*75 

+33 

201 

25.30 

£3 

+1 

2L75 

25.90 

2535 

2*0S 


2530 

2600 

-f-yj 

2SJ0 

2642 

+37 

2U5 

2S2Q 

+30 

2US 

250 

+J5 


COFFEE CCHYCSCCI 

nmitarotnMPerlB. 

15025 11073 Dec «-« 

15050 11244 Mar 12623 12*80 

IM7S 11Z13 MOV l»g 1ZJ^ 

usrp 11480 Jul UUO 13690 

1CJS 11480 Sea 127-00 12780 

12925 11880 OpC 

Mar 

EM. Sates Prev. Soles 7452 

^yTDor Openlnt. 2ZB48 aHMO 
SUGAR WORLD 11 (HYCSCEJ 
llZOQOtb*.- cento oer lb. 

uaa 7.7S Jan 

IO» 744 MOT PJB 942 

1 53 7JJ May M0 9^ 

1140 RIO Jiri U7 9.12 

1 $JD M5 OCt W U 

180 180 Jan 

180 980 MOr 8J9 199 

Est. Sales 1288* Pw.Salw MJBl 
Pr«v. Dav Open MM1Z9Q7 Oft SABS 
COCOA (NYCSCE1 
IS metric fpro- J pet" tan 

2197 1HQ Dec 1140 1173 

XB8 1125 Mar 1157 1IU 

1152 M<W 11M rag 

S S 3 & SS ]g 

Est Sotos MM Prejr.Sotah 5g» 
Prev. Day Open lot 37.919 Off 1*8 

ORANGE JUICE (NVC« 

’wsnsa-'it m » 

!US !SS Basiss 

IPS 1 £S IS" ! 2 £ wi 

M !£S % »,* hud. 

Jon 

Mar 

Eu. Sates 2500 Prev.smm U80 

Prev. Day Open IM. &9Q0aff4Z 



9.16 
MD 1% 
988 988 

8.97 9.12 

889 98* 

8.T4 

699 699 


113* llg 
1157 11B 

111* w 

1217 

122 

1275 I* 
1305 1333 


+.» 

+88 

AM 

+J7 

+.14 

+.M 

—81 


■*% 

+37 

+33 

+33 

+31 

+31 

+31 


17940 182.10 
171,10 17380 
I4B80 17033 
1M80 16983 

wi.00 mg 

MOJO 


+140 

+130 

+130 

+130 

+340 

+1.B 


Metals 


COPPER fCOMEX) 

TflSe- k " tatSl^Ofl 117J0 11680 

liuo ‘S 5 S 2 ^ 10940 1,040 

10UN 64J70 Jan 

10050 4450 Mar 10040 10180 

S 3 gJS 55 " 53 S 3 

9QJ0 7745 Dee 91.10 91.10 

Est. Soles 5800 Prev. Sales 38*4 
Prev. Day Opmi im. 

ALUMINUM (COMEX) 
aaooo lbs.- cents per lb. 

Oct 

Mov 

11380 7X75 Dec 9680 9640 

*LSa MJD jon 

’SSS XZ 9580 9630 


8435 

8Z50 


StP 


34*6 

a% Whrtul 

1.10 

43 

11 

952 

26 

25ft 

22ft 

10'4 Whllehl 




18 

lift 

lift 

n% 

22ft WUHOrii 

10 

73 

If 

IJ8 

3Sto 

34% 

17ft 

7% Wlcfces 



79 

9568 

i5yi 

,2ft 

■ft 

% wieJiwt 




63 



26% 

16% Wick ptA 150 142 


19 

17ft 

17 

5ft 

3 to Wntred 

,7 

2.3 

75 

3 

Sto 

5% 

19ft 

7% WIllcGs 

.11 

3 


214 

16to 

16 to 

37% 

19to Will kirn 

10 

43 

8 

719 

32ft 

32ft 

7% 

4ft WllsflrO 

201 

S3 

7S 

R7 

6 

Sto 

10% 

2*8 Wlnftiel 




65 

2% 

7ft 

5 

*. Wlnlafc 




10 

1 

1 

48% 

37% winDI* 

1.92 

42 

16 

21 ; 

45% 


1X4 

7 Wlmtba 

A0 

43 

25 

189 

9 

Bvi 






70 





1.54 

SO 

9 

149 

2frft 

36ft 



zss 

94 


3 

27 

26ft 


18ft WlscPS 

in 

13 

10 

522 

21ft 

2ift 



1J0 

43 

10 




lift 

7% woivr’.v 

12 

10 

13 

irtn 

13ft 

IT 4 

<ffto 

2 Th Woiwlh 

1J4 

Z9 

14 

2913 

56* 


9ft 

5ft vvriaCP 



5 

22 




10ft Y/rldVl 




16 

16% 




M 

13 

17 

2» 

35ft 




SS 

7.9 

,4 

22 

9to 




M 

ZP 

42 

54 

207 

2f-i 

J9to 

,0ft Wysc 



4 


11% 



490 % ’A — 

l 2* 2* 2* 

6 13% 13% 13% + % 

» N 4 4th — V) 

139 2% 2 2% + % 

14 <0 40 40 

_ 68 11% 11% 11% + % 

38 10 1871 52V. 52 'J 52% 

23 w m 29* TS* m- * 
58 10 2377 24% 23% 24 
78 10C 33% 33% 

1 496 19% It* It* +1 

100Z 43 43 43 + % 


17 — to 
Sto 


6 

2% 

1 — '.h 

45% + *h 
S'*— (■ 
1 % 


Uyedodc 


CATTLE CCME) 

40800 lbs.- cents nr Qa. 

7147 5645 Ocf 7245 7X20 7Z3S 7242 +87 

7440 4025 Dec 7420 74.9S 7X15 7*JO +32 

7482 45. HJ Feb 7<15 7L90 73S0 74.17 +27 

7575 52 JD APT 7580 7587 7495 7527 +J0 

7570 4640 Juo 1 *80 747! 7180 74J0 +25 

7120 6500 Auo 71JS 7Z25 7140 7UB +.M 

7100 7U0 Sen 7200 7Z00 7120 71.90 +J0 

74.1} 4PJD ocf 7TJ7 71.50 76*0 1M0 +.10 

Est. Soles 20851 Prev. Soles 240*1 
Prev. Doy Open Inf. 733S2 us*80 

FEEDER CATTLE (CME) 

44800 ibs.- cants per 16 




oa 

43-65 

SJQ 

bz;» 

8Z15 

— 35 

SL9S 

7*25 

Nov 

83J0 

S 3 

S3.I0 

8115 

—va 

84-45 

MOO 


8370 

KUO 

SL7S 

—.15 


7430 

Mor 

82J7 

8X15 

8ZS3 

SZS7 


SZ45 

753S 


JZX 

8230 

61-65 

»J5 

—.15 


7+00 


8065 

■lJOO 

6065 

6045 

+.10 

7975 

7*50 

Aua 

7975 

1970 

>9JS 

79 JO 

+35 


6508 
108Z9 
10869 
10738 
r*50 
9858 
Ml 8 


839 J 

4318 


Est. Safes 3810 Prev. Soles 2769 
Prev. Day Oom let. 16187 etU29 


HOGS (CME) 


53% + to 
5% + V* 


30300 lb*- cents ser (B. 

390 

4*73 

3»62 

39 J7 

+67 

4*35 

ax 

Dec 

4280 

4380 

4ZS5 

4282 

+AS 

5200 

4130 

Fe» 

4S7C 

4*ro 

4170 

4587 

+55 




440 

4*40 

4*55 

4*70 

+J0 

5*25 

4ZK 


OA0 

490 

4*35 

4*60 

+0 

5*00 

47 J7 

Jul 

ax 

49.W 

49,5 

<9X1 

+0 

51 00 

4225 


4*65 

4*0 

4S.T5 

4*25 

+33 

47.00 

4X50 

OO 

4LX 

4565 

4* 15 

4560 

+0 


r~ 


“ 

X 




ZZ 3 

78ft 


IM 

S3 10 

1974 

57ft 

S7to 

S Tl- ft 


19% XTRA 

31 

Zl U 

2B8 

34 

33% 


29* 

19% XTRA04 r .94 

73 


27ft 

V* 


c 



Y 




1 

59*4 

17% York In 


IS 

« 

52% 

53% 

5^ + ft 

i 1 


Est. Sales 10.137 Prev.Soies 9.17a 
Prev. Cov Open im. 28471 uelJe* 


PORK BELLIES f CME] 


8Z30 

«Z50 

8ZS0 Jon 

Mor 

MdV 

jul 

Est. Sales 3 Prev.Soies 

Prw.Oav Ooenlnt. 

SILVER (COMEX) 

UNO trov at- cwM per trnv ez 
4588 61 BO Oct 

4HO NOV 

Dec 4308 6378 
Jan 

Mar 6*68 6518 

i Mov 4598 6608 

45*0 Jul 6698 6738 
6*18 Sep 

Sjo Dec mo 49*8 

B150 6988 Jan 

9108 7008 Mar 

9108 7770 MOV 

7*1 J 7408 Jul 

EsI. Sates 17800 Prev.Soies 1129* 

Prev. Day Openlnt. 

PLATINUM (NYME) 

SO tray az.- dollars per lrov««- 
667 30 4S2D0 OCt 50X50 51380 

*4*80 <5980 jon SOLDO 51480 

*4X50 4K2J0 Apr 51280 51*50 

*4780 SOI80 Jul ca® 

SMJN 50780 Ocf 52650 BJJO 

Est. Sales 5935 Prev.Soies IMS 
Prev.OavQoenlnt. 26724 ofibO* 

PALLADIUM CNY MCI 
itXUruvOJ- dollars per oi 
139 JO 1M-S0 Dec 11670 119.* 

12200 115S0 Mar HUD 11650 

137.75 U*80 Jun 11750 117.90 

13280 11480 Sep 

Est Sotos Prev.Soies 63 

Prev. Dav Open Ini. 6543 UP 2 
GOLD (COMEX) 

100 troy pL-deUarsPer trov OJ. 

S33J0 39140 — ‘ “* “ 


117S) 

9*80 W.W 
92J0 
91.10 9030 


9980 

9480 9*50 

9*50 
9*00 

KSO 9480 
9080 
9000 
58.00 
8*50 
4*50 
8*50 
86J0 


+45 

+J5 

+J0 

+45 

+85 

+.10 


—JO 
— 180 
—ISO 
-285 
— U0 
— uo 
—180 


6298 

“ SA 

64*8 4463 
*918 6562 
4698 4467 

4267 
mS 4 +42 
499 3 

7104 

7218 

731J 


S0Z50 510*0 
504JO 50*80 
STZDO 51480 
S2080 51*80 


6700 

4*40 

Fca 

SOX 

5187 

4945 

49.9J 

— J7 

6645 

46.75 

Mcr 

SC0 

5265 

soi: 

500 

-.12 

6*75 

40 

MOV 

£ZX 

5395 

5(0 

5ZI7 

—X 

6*50 

490 


szx 

5465 

S2X 

52*7 

—.as 

5*33 

47 JB 


SIX 

5247 

SIX 

5140 

+.93 1 

Est 5c:e» 

tJl5 Prev. So’w f 

£38 



1 


Prev. Dav Open In!. 14*86 up 73 


78 11 
43 12 
Z9 0 


s::?? 

."4 52% + % 
... 8% 8% 

27% 27% 27% + % 
19 4039 37% 34% 36% + % 
6 114 4% 6% 6% + % 


12 % 

48 

11% 

13% 

4% 

3% 


4% RBInd 
34% RJRNb Z2D 
4* RLC -20 

7 RU CP J6 

3 RPC 

Rtxflcr 

83V. 57% ROISPur 1-50 

10V. 4 Romad 

6% 3% RanorO 

54 v. 29 % Rayons 3* 

17% 8% RJamPn .16 
21% 14% Ravanr Z40 
11% 3% Rcrrfcti JSt 
83% 57V. Rayttm 280 
4 % ReadBI 

9% 2U. RdSat Pf 
19 14% REIT 184 88 15 1 

16% U RtIRef 131 11J 9 JB 

15% 6% RecnEq 17 1228 

10* SV. Rodma 36 33 2755 

1B% 7 Reebak JO 28 7 2539 

16 Btb Reece .15* 1-2 18 

2V. % Reeal 

7% 4% ReglFn 8So X9 

14% 11 Retch To 1J6 114 9 

»% 4% RctGrp J4 61 4 

8% 4% RepGvp J4 69 3? 

54U. 36V. ttopNY 1JK) 2J 11 

53% 49 RNYptBX83e SJ 
23% 19% Rxenen .15e 8 
61% 28 RevMIl 1JM 18 8 

40% 28% RlteAkl 34 28 15 

1% % RvrOok 

19 10% RaBtsn 4 

29% 12'A vIRobtns 12 . 

18V. 14% RodiG I JO 68 11 2360 17Vh 16% 17 — % 

49% 37 RoetlTI 27! *7 14 13 48 47% 48 + % 

11% 5% Rckwy J* 16 12 95 ID 9% 7%—% 

20 to I4to RckCtr 184 9A 14 IPS I9to 19 19V, _ Vt 

24 14% Rockwt 7! X3 8 2017 ZI% 21% 21 W— % 

9% 4% Rod Ren .14 1J4D0 28 3 8 8 

43% 24 RoHoas 1.12 33 11 208 3*% 34% 34% — % 

33% 12% Rohr 17 945 32% 32% 32% 

19% 9% RallnEs 88 J 25 5*95 15% 14% 14%—% 

20 V. 12* Roiltns J2 28 IB 252 1B% 18'* 18% + V. 

— _ 8P Z1 22 “ 




73 

11% 

11% 

llta— % 

r~ 



““ 

U 




1 





0% + % 

705ft 

0 UAL CO 



8 

1059 

96* 


96% + % 







28% 

25 UDC at s 




26ft 


26% — % 




Aft 



20% 

llto UDC 

ZAO 12J 

5 

36 

18ft 


isto 




s 


\ + ft 

28ft 

21% UGI 

ZU 

*0 

8 

290 

2/% 


26ft— % 

1.9 

14 

1309 



30% + % 

lift 

4% UNCInc 

Jle 

.1 

'5 

459 

9ft 

tv. 

9ft + % 






9ft— % 

25% 

,5ft UNUM 

.48 

1.9 

11 

4 24 

25ft 


25% — % 







41% 

26% USFG 

ZA4 

86 

8 

1429 

30ft 


30% + % 



273 




5Z% 

41% USFG Of 4.10 

94 


19 

44ft 

ZZ 

44% — % 







7*6 

6ft USGn 



3 

ie» 

7% 


7 — % 


7 

69 


19ft 

20 + % 

26% 

16% USLICQ 

.96 

43 

9 

61 

24% 

24 

24% + % 







JS% 

19% UST 

1.48 

43 

>4 

1404 

35 

r • 1 

34% 




71% 



38ft 

21 USX 

120 

44 


539S 

37ft 

bid 

27% — ft 





+» 

*. 

51 

43ft USX Pt 

*819,0.1 


434 

48 

47% 

47ft— % 



20 

2% 

2% 

2% 

61 

41% USXer 

Z50 

76 


va 

46% 

46 

46 — % 


16% 16% 16% 
l Sto 15 15to 
6% 6th 6to— 1% 
9% 8% 9%— % 
... llto 10% 1P%— Vh 
13 12th 12th 12% + V. 
39 Vh 

129 6% 6% 4% — % 
6 15to 15th 15% — % 
435 4% 4% 4%— % 

54 6th 6 4% + » 

171 46% 46 46to — % 
450 44% 44% 44% —2% 
8S2 20% 19% 19%—% 
1877 S2% 51% 32% + % 
*« 36^3^3^-to 

142 71% tl II — % 
331 25 24% 2*% — to 


39% 19% Rarer s 
9% 3% Rowan 
,30% M% ROrlD 
13% 5 Royim 
«% S to Rove* 
Jlto I* Rubmd 
38% 17% RussBr 
19% II RuSsTp 
18% 10 % Russell 
38to 20 Ryder 
31% 17% Rvken 
25to 11 RVUSHI 
17% 7% Rymer 


2108 38 37% 37% + W 
1235 6 5% 5%— to 

73*9 *9 7 3*97 105% 104% 105 — % 
.16r 1J 15 233 12% 11% 11%— to 
-52o 5.9 61 8% 8% 1% 

M IA 20 249 23% 23% 25% — % 

.40 Z1 8 258 18% 18% 18% + to 

JO 46 20 124 13% 13% 13%—% 

34 14 II U 15% 15 15% — % 

36 22 1412623 2614 24% 26 +1% 
-68 23 IS 4V 29% 29% 29% + Vi 
" * 14% — % 


JO 


11 7 
40 


10% 7% Rvmerpfl.17 1*4 


1£% 16% 

8% 8 


9 - % 
8 


JAB 74 II 3021 32% 32% 32% + to 
.10e 18 5 255 7% 7% 7%— % 

26 0% 8% 8% 

17 44% 44 44% 

375 3*% 36 36% + % 

64 24% 24 24 + to 

301 17% 17% 77% + % 

97 11% 11% 11% 

33 15% 15% 15%— % 

137 27 26% 2AH— % 

34 9 8% 8%— % 

34 21% 21% 21% + to 
42 18% 18 18% + % 

557 BJto 82% 83 + to 


•18b Z, 
1.00 Z3 
1-20 X3 

M8» A, 

TJ3e1Z3 

JO 1.1 
lJOelU 
1J0 *4 


Si 3 

240 7J 
J9I 


30% 27% SCEap 
13% 5 SCOR U 

12% 7% SL Ind 
44% 30% SPS+ee 
38% 21% SPXCp 
31% 13 5SMC 
2B* 141+ Saateftl 
13% 10 SotkiR 
19% 9. SfpdSc 

39% 21% 5aftkJn 

9% 5% SahCos 

34% 17% StJoLP 

18% 5% Satan, 

89 61 SaflisM 

37 14% Solemn 

36 20% 5DteOs 

9% 4% SJuOnB 

14% 8% SJuanR 

33% 23% SAfiHRt 108 U 20 
20% 16% SFeEP ZB8 163 

34 MU 5Fe5P3 .10 S S .... 

46% 26% sarnue I TO 23 15 *214 *3% 43 43 + % 

13% 10% Save Pf 138 11 J 2 11% 11% 11% 

)% Savin 2 ,269 

12% \ Savn pfA 7 10% 10 ,0 

7% 4% Savn pfB 40 17J 17 4% 4% 4% 

7% *Vb SavnpID .10 15 50 4 4 * — % 

33% 24% SCAMA 240 7J TO T74 31 30% 3Wi— % 

9% 5% Scflfr Jle 42 7* 7% 7% 7% 

57% 31% SchtPig 1A0 16 17 1072 54% 53% S3%— % 
' U 13 8588 33% 33to 33% 

115 480 6% 4% 6% + to 

14 10 6«9 12% 13 12% + % 

10 10 3742 34% 30% 36% + % 

<2 16 52 12% 12V* 12% — % 

J 

' A 


17 . - 

20 1485 26% 2S% 25%— % 

11 480 35V, 35V. 35% + to 

17 119 4% 6% 6% 

12 5 12% 12% 12% 

14 33% 33% 33% 

51 15* 15% 15* + % 

1268 SO 19% !9%— % 


48to a ScMmb 130 
16% Sto Sctnvb 
16% 8% SCAT, .12 

43 Ml 27% SaittPs 34 
15% 10 SCOftYl J2 
11% 5% SeudNA J7e 

27V 12 SeaCnt JOe lj 

14% 10% SeaCt pf U6 10J 
17% 14 SeaCpfSZlO 1Z7 
17% 13% SeaCpfCZIO 1Z6 
54% 37% 5eaCefD<I2 BA 
77* 49 Saaarm 1J0 Z2 
22% 12 Seouul 
48% 28% StalAIr 
52% 29* Sears 
39% 30% Sec Poe 
87% 40% SeauaA 


SO U 15 
U0 S3 9 
1.96 SJ) 10 
-15e 3 U 
Me 3 14 
J8 


1 JOe *9 12 
JD <1 II 
J6 19 11 
J5 ZS 32 
34 Zl 13 
S-lOe 7j ■ 
64 23 13 
13 

U 11 


Z8 


<2 


88% 42% SeauaB 
29% 14% SvceCp 
12% 2% SvcRes 
29% 31% Svcmst 
23% 12% ShaUae 
27 12% Shawln 

27% 12% ShLehH 
23% 11 StiMtv 
91 65% SfWIT 

34% 20th Shrwln 
14% 4% Showbt _ 

23% 18 SlerPac Uj 
12% 4% SoniAPi J03I 

34% 21% Stanel I JO 
16% 5% Silken! 

18 11% Skvilne J8 

t0% AVi Smith In 
42% 39% Sulk Bek 1J4 
58% 39 Smuefcr ju 
44 * 24 % sntwOn 1M _ __ 
9% 4% Snvdor M 110 21 
19% 12% Stwdrpf 109 I&5 
10% 3% SoiJlron 
34% 21% Senat 200 7J 11 
54% 25% SenyCp JOe 6 31 
28% 12% SseUn 151 

39% 30 Source ISO JJ 
25% 23 SrcCPP* Z40 9J 
19% 16 SoJerin 1J4 JS 9 
S*% 74% 5Mdtr( JO 2A t 
29% 17% SoestBk M U i 
78 54 SMtBkPf 

24% 17% South Co Z14 100 9 
30% 23% SainGs* U0 *1 10 
57% 43 SNETI 300 SJ <1 


„ . 6% 8%— % 

40 25% 25 Sto-% 

7 14% 14% 16% 

7 14% 14% 16% — to 

3 14% 16% 14% 

1 49 49 49 — W 

BS 56 55% 55% — % 

76 12% 12% 12% + % 

33 42% 42% 43% . 

41 38% 37% 3754- * 
■I 39% 38ft 39% + % 
14 A3Mi 63% 63%— ft 

„ 6 46% 64% 44% + ft 

25 14 2*62 194b 19% 19%— % 
39 6% 6 6 

42S 24% 24 24% 

220 19% 19% 19% + Vh 
82 23% 22ft 23 —ft 
152 21% 21ft 21% + ft 
233 11% 11% 11% 

1492 6«to 65% 4Sft + ft 
248 28ft 28% 28%— ft 
313 8ft Bft Oft 
110 22to 21ft 22 
35 5ft 5ft 5% 

28 33% 30 33% + Vh 

7 231 10ft 10 10 — % 

14 12 187 14% 14 

2 140 8ft 8% 

<1 10 *990 45% 45 
1J 18 38 59% 38 

2J> 14 833 3*ft 3*to 

464 4ft 4% ... ._ 

42 13% 13% 13%— % 

6 4 4 4 

57* 28% 25% 39ft— ft 
319 47% *7 47% — ft 

79 25ft 25% 25ft + % 
10 37ft 37ft 37ft— % 

2 2*% 34% 24% — W 
*5 17ft 17ft 17ft 

129 2J% 20ft 2)% + % 
34* 23ft 23ft 23ft + % 
5 64 64 64 —2% 

2522 21% 21ft 21% , 

263 28% 27% 27ft + % 
402 54% S3* 54%— ft 


14% 

8% 

*5% + % 
58 ft +1 
34% — ft 
4ft— % 


36% 9% Ultmfe 
28ft 17% Uni Fret 
*2% 28ft Unlievr 
47ft 38 UnlNV 
47% 24 UnCmp 
32% 15% UCord 
,3% 4 Untanc 
25% 199b Vfneiec 1J2 8.1 
43% 33 UnElof <00 9J 
80% 64 UnElpf 7J4 9.9 . 

S3 69 VEiefH EDO 93 510e 82 81 81 —1 

19ft 13th UnExn lJDelOJ 18 140 13ft 13% 13ft— % 

80% 45% UnPac Z20 X8 11 2754 58% 57% 57% — ft 

14to 5ft UnTex JOe 1J) — " — — - ~ 

15ft 9 UrtfedFn JO Z5 5 
47% 24 Unisys ,J» U t 
7V *8 Untavpf 3JS *7 
3% l»h Unit 
15ft 8ft UAM 
ISto 9% UBnxJ s 
34% 18 UCbfTV 
27% 19% U I limn 
14% lift Ulllupf 
17ft 10% Unitlnd 
25ft 17 UJerSk 
10 5ft UKIng 


JO A 17 1 25 25 25 

1 JOe 13 10 21 31 30% 31 — % 

1 Jle 05 11 469 54* 54 54 — ft 

124 17 9 1489 33ft 33% 33V. — ft 

JO 12 914741 25 23ft 25 +lth 

2S 547 13 12ft 13 + % 

409 2Jft 23% 23% 

5b 40% 40ft 40ft— % 

1001 75 75 75 — % 


530 10 9ft 10 + % 

25 15ft 15ft 15% 

3138 32% 31% 31%— % 
154 57 56 56% — ft 

132 2% 2 2%— ft 

3 12ft 12ft 12ft— ft 

325 17ft 17ft 17ft 
369 33to 33% 33% 

133 23ft 23% 23ft + ft 
8 13% 13% 13ft + % 

22 14% l*ft 14ft + ft 
174 23% 22% 227h— % 
30 9% 9 9ft + ft 


30 13 16 
-20 n n 
.JV. JIM 
Z32 9J 4 
1.90 115 
At 4J 12 
1434 46 10 
JOe 9.* 


2% Zapata 
13ft Zovre 
Sto Zone* 

,0 ZentlhE 
9% Zenlnn 
1 v!2enLb 
21ft 12% zacNtl 
19ft lift Zero 
26ft 15 Zumta 
11% 7ft Zweifl 
10% 10 ZweioT n 


5Ve 

37 

14 

30 

10to 

7ft 


177 

JO lAir. 54S1 

JO 1 0 17 


3te 13 


SCO *J 8 
AO ZS U 
60 IS 17 
1.04 e.9 


;'» 2to 2r. ♦ ft 
. 26-1 25% 25ft— ft 

1 13ft 13ft 13ft— % 

1*07 21ft 21 :? ■ + ft 

112 10'.. 9ft ICft + ft 

549 Tn 1ft 2 

184 18'. Iff-* 18ft 

737 15to ISto 15ft- « 

983 29 36ft 24to + ft 

24S TO-'- lO’y ICft 

887 10'.. 10 Uft 


j Curreno Options 


Ocf 3*7 JO 3*9 JB 

KOv 

39X50 Dec 4CJJ0 404J0 
401.00 Feb 404-M 408J0 
Apr 41 2 JO * 12 JO 
Jun 417-00 419.40 
AUO 42100 42U0 
Od *30*0 430-60 

Dec 43*20 «3*J0 

51*00 *3970 Feb 

525J0 4*100 Apr 

49700 44700 Jun 

EM. Sales 31 AN Prev. Sates 3*171 

Prev. Dav oecn inL 


54*00 
549 SO 
550.00 
SHUN 
57100 
575JO 
514-50 


407JN 
41Z00 
419 JO 
423-00 


iiajo mn 

1X15 11A1S 
117J0 117.15 
11*40 


39700 3*8.10 
400 30 
401.10 <02.70 
40*50 *07 JD 
41250 *12 *0 
41*70 4U-10 
42JJ0 42X50 
43040 -C9.1D 
43*00 43LS0 
4*0. tO 
445.70 
*51*0 
457*0 


Financial 


US T. BILLS (IMM) 




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KKR Raises Offer for Kroger 


Reuters 

NEW YORK — Kohlberg, Kravis, Roberts 
& Co. said Tuesday it raised its offer in the 
bailie for Kroger Co. to S64 a share in C3sb and 
securities. 

The sweetened bid, which values the giant 
supermarket chain at about 55.03 billion, follows 
tbe announcement by Kroger last week that it 
would undertake a S4.6 bflHon restructuring pro- 
gram to fend off unwanted suitors. Korn berg. 
Kravis, which is a leveraged buyout firm, previ- 

Markets Wary 

On Inco Payout 

United Press International 

TORONTO — Markets reacted cautiously 
on Tuesday to Inco Ltd-’s recapitalization plan, 
an anti-takeover measure that would pay a total 
of SI billion in a special dividend to sharehold- 
ers of the Western world's largest nickel miner, 
analysts said. 

Analysts said that market reaction was cau- 
tious on expectations that Inco would fall by 
more than $10 a share after the dividend, and 
because it was seen as unlikely that stockholders 
would approve tbe full plan. 

Inco stock rose 125 Canadian d oil are ($1.85) 
a share Tuesday in trading on the Toronto 
Stock Exchange, doting at 37.125 Canadian 
dollars a day after tbe mining company an- 
nounced plans to pay a special cash dividend of 
510 a share and a copied a “poison pal” defense 
to thwart any unwanted takeover. 

On the New York Stock Exchange; Inco rose 
$1.75 in heavy trading on Tuesday, dosing at 
$30.75. . , 

‘The feedback we get from major sharehold- 
ers is that it's unlikely at this stag; to be ap- 
proved in its entirety ” said Terence Ortslan, an 
analyst at Deacon Morgan MicEwen Easson 
Ltd. in Montreal. 

The poison pED defense, said to be the first 
ever adopted in Canada, would allow share- 
holders to buy new Inco stock at half price if an 
unfriendly suitor acquires at least 20 percent. 
Under certain circumstances. Inco also would 
pay to enable its shareholders to buy stock in 
the acquiring company at half price. 


outiy Ind $4.6 bflhoa for Kroger following a 
$4.32 bdtiotj bid from Dan Group Corp*. con- 
trolled by the Haft family of Mariand. 

The new Ind consists of $50 per share in cash, 
SI 1 per share in principal amount of subordi- 
nated debentures, and a continuing equity in- 
terest in the company’s business with a value of 
$3 per share. 

ftohlberg, Kravis also said that if Kroger 
wishes to proceed with its restructuring plan, 
which includes shareholder dividends of $40 in 
cash and S8 in debt securities for each share, it 
would offer 513.50 for each Kroger share. That 
offer would include $10 per share in cash and 
S3 JO per share in principal amount of subordi- 
nated debentures. 

Kroger said Tuesday it was reviewing the 
increased acquitition bid. 

Analysts have said that Kroger is attractive to 
bidders because its parts are worth more than 
the whole. Its holdings indude 1,300 supermar- 
kets in 20 states. 935 convenience stores and 38 
manufacturing units, which can easily be peeled 
off and sold 


PHILADELPHIA EXCHANGE 
Option A smae 
UBtJerWum Price Coup— UaJ 

Od NOV Or< Ocl Nov Dec 
SBJW Australian DoitarKxntt per esir. . 
ADoih- 77 * + 

78.91 78 r r r 828 

789, 77 <sc uc r r 

78J1 80 on r r r 

T1350 British PoucOKton per oatL 
aPtwnd UO r r r r 

14*51 1*5 r r r r 

10*51 167ft r t r r 

16951 17D r 1.75 t t 

16951 172ft r 184 r r 

SQJ00 Canadian Dodarvcents per wUL 
CDollr II r r r r 

8Z76 lift 1.16 r r r 

SZ76 82 r CJ4 1.15 

8Z74 «2ft r r r 

02J6 03 032 r 063 

8276 83ft r 026 r 

fiuoa West German Marfcvants pereaS. 
DMorx Si r r t 

5165 S3 r r 1.58 

5165 U 13 r 184 

53-65 SS 004 024 Zfil 1.18 

5165 56 r r SJ* Z18 

52*5 5 r r 089 r 

17*004 French FraocvlOtftsef e ceatper ualt. 
FFrwic >51* r r r r 

157.68 16% r US r r 

*2saooo japaatt* Yea-looms at a cent per Mil. 
JYen W 


Oo. -t 


Put*— Last 


91.17 

9,58 

91.97 

91 Jl 
9IJ* 


030 


mo 

i.« 

250 


0.17 

r 


l.io | 

2M ! 
r i 

OA2 j 

170 j 
160 
<10 


iw. 

Dec 

920 

9249 

9262 

9264 

z£i 

Mor 

99.70 

9Z.T3 

*20 

920 

Jun 

93J6 

9ZS7 

920 

9258 

-31 

See 

93J8 

9340 

*230 

9242 

-X 

Dec 

9231 

9221 

♦Z21 

*Z13 

MOT 

9284 

9124 

923* 

9237 

-JO! 

-ten 




920 

— J2 


089 027 

040 060 


D3S 


7458 

7*98 

7*98 

7*98 

7*98 

7*98 

7*98 


043 

0.13 


081 08S 


035 


050 

0.98 


080 

r 

037 

062 

aw 


040 

025 


6ZSD0 Swiss Fnmcs-c*fTTS per oML 
s Franc 42 r r r 005 r 0X3 

6364 66 r r 1.19 r 039 r 

6X66 65 r r r 163 162 r 

4366 47 r r 028 r r r 

6164 . 48 r r OT7 r r r 

Total call VOL 17,724 CcBI open tor. 39AM7 

Ttotnl oat vaL SUM “ ' ‘ 

r — Naf traded, s— NO option ottered. 

Lost is premium (purchase price). 

Surer: AP. 


I *409 
I 9363 
' 93.48 

I 9113 
! «Z71 

92*0 

92J1 91.73 

EN. Sotos ,651 Prev.Soies Ul* 

Prev. Day Open int. 20J44 oH 177 
10 YR. TREASURY (CBT) _ 

510CJM0 prhv PIS A32ndsotI00oel „ 

94- 12 *0-5 DSC 94-14 f+M 94-5, WJ, 

94+ 19-24 Mar 93-29 9301 *3-27 93-30 

91- 25 89-* Jun 9J-1* 

•r-lt 49-12 Sep _ _ 

Est. Soles Prev. Sales 20780 

Prev. Dev Openlnt *1517 uplJ9S 
US TREASURY BONDS fCBTl 
IBpclSlOOJOOftlsfcBndioflOOpcil 
•*.? 7+1 Dec 88-31 48-31 »U 

95- IO 73-20 Mar H-IO 88-13 « »S 

94-4 73-11 Jun 87-28 17-28 87-1 B B7-21 

*3-1* 72-26 See 87-5 87-7 87-5 87-6 

92- 72 72-11 Dec 84-21 8*-34 86-21 86-24 

1801 72-1 Mar 86-10 

88- 13 H Jim 85-7* 

8730 79-1 See 85-14 

8+22 09 Dec «5-J 

83-29 5-21 Mot *+» 

13-16 82-11 Jvn B*-7 

Esi. Sales Prev. Satas36*3«i 

Prev. Day Open lntJ82J2S UP 3574 
MUNICIPAL BONDS (CBT1 

S10W* InOBA-otsEHTHtsol 100 set _ 

89- 16 80-16 Dec *9-10 89-16 8+4, 89-12 

B7-22 78-25 Mar 87-15 87-23 87-13 87-19 

B6-2 77+ Jim BS-24 84-1 85-24 M 

8+16 786 Sep 8+10 8+21 8+10 8+17 

83-3 81-10 Dec K+5 

Est. Sales Prev.Soies 2601 

Prev. Day Openlnt. 1*912 off 120 

EURODOLLARS (IMMI 


J London Metals 


BM 


Ocl 4 
Previous 
Bid AN 


ALUMINUM 

StMHoa per metric tan 

S«Jl __ 124550 12S5J0 124000 1245JX 

Forward 122000 123000 12S5J0 126000 


COPPER 
Starting p 
Spot 
Forward 

COPPER 
StaribNP 
•Mt 
Forward 
LEAD 
Stardnap 
Spar 

Forward 
NICKEL 
Dollars pc 

^rord 

SILVER 

us. rents per troy ounce 

Spot 61400 61 7 JO 61800 62000 

Forward 629.08 630J0 431J0 63100 

ZINC (HtoBGraM 
SerUap per taetrie tan 
Spot 134000 imoo 133700 134Z00 

Forward T2SOJ0 128700 ,27500 127700 

Source: AP. 


CATHODES (HtaB Grade) 
sr metric tan 

153500 154100 153700 153800 
147100 147Z00 146*00 144500 
CATHODES (Standard) 
er metric tor 

150000 151000 14&S0B M75JO 
1 45000 144000 1415JJ0 142S00 

er metric tan 

346J10 38900 36550 34*50 
34&00 Me m 34*50 36750 

*f* 4 ■ MililC toa 

WOO J0g 0 11250 11» 
97WJQ 97SL 00 10200 1035D 


Dec 

N.T. 

N.T. 

900 



r*T. 

Mar 

N.T. 

N.T. 

85S 


+ 10 

MOV 

N.T. 

N.T. 


w-n 

+ 10 

Jiy 

N.T, 

ALT. 

900 

-tata 

+ 10 

See 

N.T. 

N.T 

920 


+ 10 

Dec 

N.T. 

N.T. 

940 

— 

+ 10 

marai 

N.T. 

N.T. 

960 



+ 10 



Amstrad Buys a Stake 
In Micron Technology 

Reuters 

LONDON — Amstrad PLC, the computer 
and electronics group, said it is acquiring 9 
percent of Micron Technology Inc. a U.S. mak- 
er and distributor of semiconductor and memo- 
ry components, for £45 million ($76.3 milli on). 

Amstrad said that under the agreement, 
which is subject lo U.S. government clearance, 
it would purchase nearly 3.6 million ngw Mi- 
cron shares, or 9 percent of Micron's enlarged 
share capital at $21 a share. Micron, based in 
Boise, Idaho, already supplies dynamic random 
access memory chips to Amstrad. 

Micron said the agreement with Amstrad 
in dudes indndes a three-year contract under 
which Amstrad could purchase up lo 9.03 per- 
cent of its component production. Micron said 
there would be no reduction in allocations to 
current customers as a result of the agreetnenL 

Earlier Tuesday, Amstrad reported that pre- 
tax profit in the year ended June 30 rose to 
£160.41 million from £135.71 milli on. 


S&P100 
index Options 


0CL4 

Srftt CoUs-Lao ftsfrial 

PrireQd RH Dec Jb M Ne« D« Jre 
a— ------- 

as» — — — % % — - 

Z)S 3SVi — — - a 1U 7ft — 

MiUftlf - - ft u. m 4M 

M Bit H D — ft 7ft 4ft — 

BMftinwmiiAH 

B W 1 fft — 1% 7ft — 

»l»4ftg7 - »»!?- 

CMhi MN <etanft » «: 8M seen tat 3BSU 

SE SiwiuaeMJn; total tree tat BUN 

regb&JD^iewZ&OS dOse2S25 -122 
SWTW.-CBOE 


81 million-ptsof lOOpct. 
9367 9941 OK 

91 36 

9136 

9170 

9271 

8979 

Mar 

910 

910 

9171 

9Z12 

89.19 


*10 

9171 

91.18 

91-92 

Sm 


910 

910 

9161 

9176 

Dm 

900 

*00 

90J4 

9162 

8880 


90.90 

9070 

90J7 

9160 

8*82 

Jun 

90J2 

VQJ2 

900 

910 

8*74 

SK 

9074 

9075 

9072 


+1 

*2 

+2 


+J1 


=sss r *isr -» *■- 1 “ 

n - 3 ’ MM SS «). M Sj, 

as Sa a ^ ss as ss 
iffisiasaxws* 

lis SlajSS HS 

&asw- r 

*&**&%* % « ss i 
III SS 8 si 8 

rufatri WW Prev.Sata* 7JU 

»W4 uozan 

.:ss :!§2 

EsISatat Prev.Sfi* 

prei?oS Opob In*. ® 

OBRMAN MARKtlMMJ 

•jrwrev js ® s 

3 SS SSJS 3 rffiS«B 3 B 8 

rrSTiS MUM Sm 


o*. 


f 

♦u 


-8 


+.i 
♦j 
+3 
+ 3 
+3 
+5 
+J 
—.1 


+A40 

+*40 

+140 

+3.10 

+1*0 


+ 45 
+55 
+55 
+55 


+ 40 
+50 
+50 
+30 
*50 
+30 
+40 
+.03 
+J0 

a 

+J0 

♦50 


jggUOB jauraw «*>■ 

r-rrr # a a 

JL&JeJbr A 

8S£dS£mIb8. 70339 «of» 


*>rm 




18550 

18*00 

1KU» 

10230 

Eit.Sri* 


LUMBER iCMtt 

isaoOObd.n.-aeef’IJOOM.n. _ 

mjo uwo miw HJO JJJ* 

117*0 16000 Jon 17*M 17*40 

17L00 Mar 179-S ” 

170.10 MOV 17850 l»J0 

16710 JtH 17SJQ 17*00 

,7i ' M 

prav.DavOMnlnL saw oH73 
COTTON 9(WYCR) 

'sa~'£. 

SS SS |3 SB 

i*7B 4903 MOY 

4926 Ju< 53J0 5350 

SITU 50 J* ocf 

itm 50.75 Dec 5175 54JO 

EiLSotaa AP* 

prev. Day Open loL 37.1SI w<S4 

HEATING OIL CHYME* 

"■ 0l ‘ , »" r S sjg 

™ s« S S 8 

5150 39-OS P6* 9£-iS 2-2 

5030 37.75 MOT 3*05 3841 

moo 3*70 Apr 3*K 

4750 3*30 MOV 36JS 3*50 

4*60 35J0 Jun ^ 

47.00 3*60 JlJ 5* 

rv, 36J0 AUO 3*4Q 3*40 

37 - w 15 Si 5 

i >s«tta-taCa«ar 

' CRUDE OIL (NYME) 
ljOObhi. BeWnreeerBhL „ — 

1*42 1003 Nov U IUB 

1845 Oil Dec 1Z*2 13.05 

llM IZ57 JOO 1ZB0 1ZW 

1*10 1264 FOB 1178 13.00 

1U an itar no lur 

1*25 12.73 Apr 12*5 13.10 

17^ izJ7 Mery iZta UJ0 

1*40 ft*5 Jun 13.JP JZW 

17*0 1100 JW 1X» 1330 

1*S ifS tore 1ZU 1125 

EU56M Prev. sataeWUM 

Prev. Dav Opw IMJ444M u»i04« 


171# 1TAW 
ITlS 174JQD 


+36 

4jBf 





Stock Hwlwx 


SP COMP. INDEX (CME) 

Dec 17110 271H 
I 28350 3S MW 37535 37*S 

I 28250 26X88 JUB 277.40 277 JB 

i Es>. Soles Prey, iota* 

! Prev. Day Open InL 
I VALU E LINE (KCBT) 

! Dec M5J0 MM 

‘ 25780 34050 Altar 

Est Sales Prev. Sam 

! P*«v.Oay Open Mil 
i NYSE COMP. INDEX (HYPE) 



; 19DZS 

' 159j45 


IS9J0 

1st JO 15*80 

Ett.sam Pi 
Prev. OavOaeif lot. 


117 Jo Dec 1505 15*75 1SLM _ 
14*25 MOT USJD ISAM 13140 1} 
i«9*a Jim 15*45 i£2 


CommodRy Indexes 


Com 
UXaMi 
1357 M 
1364)9 
239.19 


t Moody's 
I Routers 
I O.J. Futures 
I Com. Research 

1 AAooctv*s : base IN : Doc 31, 1931. 

Reuters : bo$e U» :S»Jl «3U 
Dow Jones : base 100 : Dec 31. 1974 


PlWrtWS 

UEUDf 

TJ7<00 

T3SJS 

23759 


Market Guide 


CME: 


NYCSCB: 

NYCB: 

COMEX; 

NYME: 

KCBT: 

NYFE: 


CWcaao B eam ef .TraUe 
cwooqo MereaciiHe Exctanpe 
i i Ueraa H cnai Monetary Market 
Of CWeaeo Mercuuite EnMapel 
New Yore Cocoa. Super. Coffee E 
New York Carton E s c tai eea .. . i 
CemmotfKv Ewtampo. NewYork 
New York Meroonflie EsOtanpe 
Konsom City Boom al Trade 
New Yar* Futures Exchanee 


♦ 



will be featured in a apedal news 
report, prepared by the editors of 
the International Herald^ Tribune. It 
will appear an Monday Dec 5 . 
Don't miss this important issue. 

HcralbS^eribunt 


GonmiSlhies 


0x4 

Ctaee 

SUGAR ^ Low w A* 

Freoc* francs per metric Ton 


Ctec 

7640 

{S36 

1655 

101 

ante. 

Mar 

1630 

1610 

1625 

1635 

+ S 

May 

N.T. 

N.T. 

,525 

1635 

+ 6 

A«o 

163* 

N.T. 

1635 

1643 

+ 10 

Oa 

N.T. 

N.T. 

1630 

1640 

+ 3 

Dec 

N.T. 

N.T. 

1630 

1640 

+ 8 

Est. vol: 

1717 lots at 10 Ions. Prev. 

actual 


sales: 460. Open Interest: rcjTL 
COCOA 

French francs per in ks 


Est. val: 0 lots of 10 tons. Prev. actual sales: 
7* Open Interest: 6IZ 
COFFEE 


— — 5 


— Unch. 

Est. vol: 11 lata of 10 tans, Pre». actual sales: 
6. Open interest: 89Z 


Front* francs aer 10 ka 


NOV 

1735 

N.T. 

1313 

1740 

Jen 

N.T. 

N.T. 

7700 


Mar 

1720 

N.T. 

uoo 

1515 

May 

,720 

N.T. 

1,190 


Jly 

N.T. 

7LT. 

J,i» 

1710 

See 

N.T. 

N.T. 

1,190 


NOV 

N.T. 

N.T. 

MB 

— 


Source: Bourse Or Commerce. 


London 

Commodities 


BW Atk 


Certain offering of jecunoa. faucaal 
services ot miaou in real estate pubBsW 
ia tUs oewntper an art 4inbocce4 ia 
certain jurisatctioTB in wtddi tte lotems- 
uon) fknld Tribune is dBlribuist. m- 
duduk die liaiicd Stales of America, and 
da an anus tale oRexipgx of securities, 
services at iatatsu in tbese isrwbakBB. 
The lmenuttaoaJ Herald Tnbune assumes 
aorespofAWiiy wfuiKoeverfoe auvadra^ 
aments farafterii^s of any kaxL 


On. 4 

sooar Htah LOW 

1/5. tserton per metric tnn 
Deft 2U00 21 £60 moo 21000 21200 21400 
tern jJTJJO 211 JO 21220 20700 20960 2»J0 
MOV 2» JO ?»60 WJO ?0«J0 207 JO 207 JO 
An 206 HR 207*0 20200 2PQ0 20*40 20300 
oa 2K20 20400 20*20 20200 20Z20 203JO 

2“ N-7. 199.00 20100 

Mor 20100 2DSOO N.T. N.T. 19700 2D400 
VelvRw-. 201 lah of So ten* 

00004 

Sleruoe per metric too 
Dee 

440- 
Hn 


^ Phidends 


Oa. 4 


Coapanr 


Per Amt 
INCREASED 


Lawr e nce I asur 
Universal Foods 


■06 11-15 10-13 
37 !MD J0-10 


REDUCED DISTRIBUTION 
Snyder Oil Co O .15 10J1 IB-14 

STOCK 

Casaodemn _ 6 PC 12-15 12-1 

STOCK SPLIT 
Group 1 Software— 5-4or-4 
USUAL 


ACM Govt mcm Fnd 
ACM G«vt oppert FO 
Acme-C (eve fond 
Brooklyn Untan Gas 
CollcTv Fed, Sva Bk 
Dennison toff 
urup Emporium Inc 
Horjxan Financial 
Instran Carp 
Jackpot Enterprise* 
Nevada Power Co 
Noland Co 
Nuveen Cal Mob, if 
N uveencaiMcpIVF 

Nuveen Mcp Val Fno 

Nuveen Mod Val F 

Nuveen NY Mcpl Inc 

Nuveen ny McpI VF 

Nuyew Prem. IMF 
Oxford Intiuftrtns 
Productn Operators 
Pruaenn intarm IF 
Prudent) Siroisc IF 
Republic Capital 
TedmMrei Inc 

X-Rlte Inc 


>.10% 10-27 10-13 

- JS84 10-27 10-13 

9 .10 11-1, MV31 

9 .10 11-11 10-11 

9 J2S 13-20 10-14 
. JD 72-9 17-70 
4 JQ 1-3 12-1 
a JS 11-4 10-17 
0 J3 10-24 10-14 
3 J6 10-26 10-18 
3 58 11-1 10-13 

a .n 10-21 lo-n 

- MU 1007 70-73 
JBS6 10-37 10-15 

J» nxn id-15 

, J665 10-31 10-15 

- .0665 10-31 10-15 
_ J545 10-31 10-15 
> J0725 1041 10-15 
0.«ft 12-1 IMS 
Q — J4 11-15 10-14 
_ JOft 10-28 10-14 

- M* 10-2S 10-14 
O X 10-21 IBS 
Q .10 10-25 10-11 
O J02 11-11 10-14 


M 


(MMUtmi; m-meetaiy; e m kx tm ly; +seoiK 


Source: UPt. 


734 

736 

730 

TO. 

723 

757 

757 

740 

741 

743 

774 

776 

753 

754 

755 

790 

780 

778 

773 

774 

010 

BIN 

794 

m 

793 

855 

845 

036 

835 

838 

880 

80 

8 S9 

862 

80 


Dec 

MOT _ _ 

Volume: S3a k«s rtio ions. 
GASOIL 

UJ. del tors per metric ton 
Oct 10650 10*75 1«JS 1 
109J0 1MO0 1 
110J75 111JD0 11075 I 
111^ IJZ90 DUO I 

3I?£ 111- 00 ,,14 » 1 

gJ5 WM 109.00 1 
10*75 10*50 N.T. 


NUv 


K55 1QBJQ I082S 

0*75 109 JB 109J5 

tax in jo lizofl 
0*25 iiijonzoi 
D9jo nun Hus 
0L5O 11UB 1UJ» 

N.T. 70930 1>0l» 

N.T. NX 106J0 11QJ0 

N.T. N.T. 10*50 nun 

Volume: l*SU lots at 100 tans. 

Sources.- Reuters and umaan Petroleum ex- 
change. 


Jen 




San Co. Shareholders 
Approve Spin-Off Plan 

The Associated Pros 

PHILADELPHIA - Stock- 
holders of tbe Sun Co. overwhelm- 
ingly approved on Tuesday a major 
restnicturmg proposal that spins 
off the company’s $42 billion do- 
mestic gas exploration and produc- 
tion into a separate operation and 
aits 1300 jobs. 

The new structure retains tbe re- 
futing and marketing of petroleum. 
Under tile plan, adopted at a spe- 
cial meeting in King of Prussia, 
Pennsylvania, shareholders will re- 
ceive one common share of tbe new 
Sun Exploration & Production Co. 
for each common share of Sun Co. 
effective Nov. 1. 


Spot 

Commodities 


CammoOitr 

«r'” > 

Lead, to 
PriRtdottavri 
Silver, fray a< 
Start (bUlets). tan 
Start ( screw). Ian 
Tltcto 
Zinc. n> 

Source: AP. 


0*4 


Today 

09? 

LIS 

133 

2mo 

uo 

050 

121 

*5196 

069 


i.» 

21X00 

US 

OSB 

424 

mat 

07 

*3143 

069 


US-Treasuries 


Oa. 4 


Often** 

BM Otter 

YkkJ 

Prer. 

TWO 

70 

70 

ija 

Uncn- 

7-50 

70 

IX 

. 733 

153 

70 

*14 

*14 

BU 

Offer 

YM4 

Are* 

TWO 

10138132 10132/33 

*94 

IN 


MHBM8 

4-mwdfeM 

HrearbRI 


Source; Salomon Brothers. 


DM futures 
Options 

n.GmnmUait-mmiearkt.aunta-em 



0a.* 

SBtti QdtaieBte MeMBi 

M B*r a* Off A tee 
UIMB aorta, aaft *ir mA 
9 us - ui in 

n ij in ui 

M Ul CUS uo 

9 U! IN u 

a tDI IH 13 

57 UI UU tu 

GftloMwI.illHt 
Mb Mm. «df : 3JtHeoeo lilt; WTT 
tan: MM Ml: UK oo«i H.: SUN 
tat*: ONE 


WORLD MARKETS 
IN REVIEW 

IN THE IHT EVERY MONO# 
A WEEKLY REVIEW OF 
WORLD STOCK MARKETS. 
SSB^mAL READING FOR 
INVESTORS AND . \ 
PROFESSIONALS— r ?' 
WORLDWIDE 


s 


1 : 

,S 







" , * I : 


gs 5: 

•r x * 
>*55** f 
Jft.V/r 







Vii^in Group Rang Stock Buy-Back 

Poor Stock Performance Hinders Plan for Acquisitions 

Jtaaen _ * ■ jL 

MSKAHSia ££“*££ 


x*'* a"" 



^ , — i connnrmi- 

catMHB congksneraie, said To£s- 
day its management will buy back 
^f-prfsWalS 
P«« ^38) a share, the price « 

TOK* the shares were floated less 

than *™ ^ 


t* an 



l!r l=,j 



¥1 

- 

lur 


tjtrwc 



Hu offer is bem a 

Ltd., reweswi 

founders of Vhpn.Thc offer val- 
ues the entire company at fids 
million, Glowtrack sakL 
“The benefits erf a fisting, which 
were e x pected at the tune of the 
flotation, are not being realized.” 
the statement from Glowtrackstid. 
viigin s stock was floated in No- 

^vartec,l986,ainidablazeQf p nb- 

Gtowbadt aid the poor perfor- 
mance of Virgin’s shares meant the 
com pany c ould not finance signifi- 
cant growth by acqmstirai orissne 
new shares thrown its listing. 

The chairman of Virgin. Richard 
*anson, has been oooceraed that 
the company’s 40,000 small inves- 
tms have been losing money once 
the global market collapse last Oc- 
tober. 

. Mr - Branson said at a news con- 

ference that the boy-ont would give 

™ freedom to puisne expan- 
sion of his business and to make it 
one of Britain’s top five private 
concerns in volume. 


towing the market crash in Octo- 
ber, 1987, the stock sank to a low of 
83 pence. The stock rose 7 peace 
Tuesday to 134 pence a share 

A spokesman for Glowtrack 
said: “As a consequence of this 
duappomting performance erf Vir- 
gin s share price, the founders have 
^^sidftEod it to be inappropriate to 
use Virgin’s listed shares to any 
S i gnific ant extent for either Hrypriq- 
tion purposes or the financing of 
growth through new issnes.” 

Mr. Branson founded Virgin in 
1970 as a mail-order record busi- 
ness, He went cm to wttahHch the 
company as one of Britain’s top 10 
privately-owned businesses. 

Virgin Records, which has re- 
corded such jock acts as the Sex 
Pistols, Boy George and Culture 
Club, is still the core of the empire. 

But Virgin Group has widened 
ha scope to inritade holdnigs in Inx- 
my tourism, cabte tdeviaon, film 
production, shops, nightclubs, 
publishing and a transatlantic air- 
line company. The buy-back offer 
does not mdnde the company’s 
maj ori ty-owned Virgin Atlantic 
Airways. 

According to kritiA press 

> the co 


the company said its founders 
intend to contnme trading mala' 
the Virgin name and to retain Vir- 
gin's three existing divisions: mu- 
se, communications, and retail and 
property. 

Gkwtrack said Virgin has a 
long-term investment strategy, par- 
ticiilaiiy in music and ccamxuinica- 
tioos, winch is expected to delay 

overall growth in profit. The man- 
agement group said it does not be- 
lieve the com pan y should alter its 
strategy in response to its share- 
price performance. 

Mr. ceiri his afrtiiw and 

ins entertainment group would be 
working doser together. “They wiD 
sot formally merge but will be 
working as if they were one,” be 


Virgin said a 
international 



Paris-Based Saudi Bank 
Aided by French Plan 


r&tagtyRcutas 


Kdnn) Branson, dminnaii of Vh^GnH^hoUmgaiiiodelofa 
jet earlier this year when las antae, Virgin Atlantic, was granted 
of four authority to Ry from Loodoo to Los Angeles and to New York. 


Room 

PARIS — A1 Saudi Banque SA, 
a troubled Paris-based hank that 
has Middle East connections, is to 
continue operations following a 
rescue operation that the French 
ce ntra l bank said Tuesday h coor- 
dinated. 

The Bank of France said AI Sau- 
di has bear rescued after it lost 
around 2 billion French francs 
($315 million). It said in a state- 
ment that the figure included losses 
from both private and country 
lending, but it gave no details. 

A Saudi Arabian concern, Hari- 
ri, the main shareholder of Dutch- 
based Al Saudi Bank Holding NV, 
which in turn had held a 99.9 per- 
cent stake in the Paris bank, bad 
into it, but did not 
give the amount. 

Basque Indosuez, a unit of Com- 


Mecca Raises Stakes in Bid for Pleasurama IS 1 ^7 


are 

fTtfllirtn. 

be available to help finanag the 
buy-out and the balance will be 
working capital for Glowtrack. 

The co-underwriters for the fa- 
cility are The Bank of Nova Scotia, 
Caisse National de Credit Agri- 
cole and Standard Chartered Bank 
PLC 

On May 18, Virgin announced a 
pre-tax profit for the half ending 
'an. 31, excluding exceptional 


__ re- 
ports, the deal represents the coun- 
try's biggest management buy-out 

. It could set a precedent for other Jan exC ii,ninp * 

^Tie buy-oat is like the ideal concerns, since the shares of maire items, of £145 nnffiln. 

compan i‘i^ in wdl Mow ^^2wi, II S' t0Kndthe 

Branson saH I don t know of any pre-crash highs. buvKwt orooosak to sharehr>ldfTs 

mana^ng toector who does not Virgin said the buy-out offer is ^oposais shiirdiokte 

want to do the same thing.” 16 times the company's earnings 


at the end of October and to com- 
plete the offer in January 1989. 



Champagne Firm Accepts RemyMartin Bid 









i ?J T '- r ' , \ - 


Raam 

PARIS — Kper-Heidsieck, one 
of the last of the family-owned 
French champagne producers, has. 

agreed to a takeover off a from the 
French cognac house Rfemy Martin 
to protect it from a hostile hritkh 
bid, Pqier-Hddrieck’s charnium 
- Francois d’Aolan, said Tuesd. 

Hie companies struck the 
which vatoes Pipcr-Hddsai at 
125 Whon francs (SI97J22 mil - 
Hon), after between IS pexcait and 

hands oo thTltaris Bourse^Mn 
d'AuIan said at a news conference. 

He said he did not know who had 
purchased the stock. “Bat he un- 
doubtedly cranes from across the 
daond,*’ Mr. d’Aulan said. 

Piper-Heidsicck shares dosed 
Friday on the Paris Bourse at 2^600 


francs, a high for the year. Trading 
in the dimes was suspended on 
Monday. 

R6my said that it would pay 
2/iOO francs per share for Rper- 
Hridsiecfc- The d’AuIan family has 
already agreed to sdl its 56 percent 
controlling interest to Rfmy. 

The moged company will be the 
world’s fOUrth-laigest champagne 
producer, behind LVMBMoftt 
Hennessy-Lotns Vmttan, Seagram 
Ca’s Mumm et CSe^ and BSN. 

Rimy Martin, Much also is a 
family-owned company, owns the 
Krug champagne brand. 

Several foreign groups have 
down interest in acquiring well- 
established French drinks brands 
in recent months. 

Following the acquisition in 


February by Seagram Co. of Cana- 
da of the cognac maker Martefl ft 
Compagnie. Martini ft Rosa SpA 
of Italy won control of B^n&fictine 
SA ana a takeover battle with 
Rfcmy Martin for the company. 

Last month. Agriculture Minis- 
ter Henri Nallet of France said he 
bad blocked the sale of tire Bur- 
gundy vinyard Romante-Conti, 
which produces one of the France’s 
finest and most expensive wines, to 
die Japanese retail group Takashi- 
maya. 

Piper, France’s fifth- largest 
champagne exporter, sold 3.6 mil- 
lion bottles abroad in 1987, more 
than half its total production. 

The takeover wfil leave the pres- 
tigious Tarftrn gpr gnu as the only 
remaining major independent 
French champagne maker. 


i *—*VV 

' r *•«. 

***** -» 


BP: Britain Orders Kuwait to Cut OH Company Stake 


A*** 


Mu ■ i e ' 


it. 


m- 








im*^ 1 ^ 


(Continoed from page I) 
the London-based investment aim 
|0f the Kuwaiti: govennent that 
manages one of the worid’s most 
extensivB portfolios, reacted angri- 
ly to the decision. The office’s hold- 
ings in Britain arc estimated to to- 
tal about S16 billion, and include a 
•5.1 percent stake in Midland Bank 
PLC. Britain's fourth-largest credit 
institution. 

Some market observers in Lrat- 
don speculated that the investment 
office would pot its entire British 
portfolio under review in the wake 
of the decision, bat few expected 
any significant redaction in its oth- 
er investments. 

In a statement issued after the 
government ruling, the Kuwaitis 
said: “The state of Kuwait’s initial 
reaction is to be extremely dissas- 
tisfied with the way in much the 
MMC has readied its conclusion 
and with the reasoning on which 
these conclusions are based.” 

Oil industry analysts in London 
woe generally stunned by the ex- 
tent ol the reduction ordered. Most 
. said they had expected the govern- 
'ment to order a reduction to 
around 15 percent They said the 
Kuwaitis may lose up to £350 mfl- 
tion on the investiture, depending 
- partly on the price of cruae oil in 
tire next 12 months. 


“It’s astonishing,” cxr-Iarmad 
Humphrey Harrison, director of 
energy research at Kitcat ft Aitken, 
a London stodtbrokerage. “It’s an 
entirely uncalled far punitive re- 
sponre by the govemmroL The rea- 
sons given are insulting. The gov- 
ernment doesn’t seem to realize 
how it has offended not just the 
Kuwaitis, hot the British sense of 
fair play. 

“Foreign investors will draw 
their own co n d n sons from it as to 
the extent erf the govonmenfs free- 
maiket philosophy,” Mr. Harrison 
said. “It remains to be seen hew the 
Kuwaitis will react” 

Analysts said they were not sure 
whether the Britim government 
BP or the Kuwaitis had agreed to 
any orderiy disposal of the shares, 
or whether any augar buyers had 
been lined up. 

Tm cyncul of the suggestion 
that the government must have 
buyers lined up for these BP 
shares,” said Mr. Harrison. 

Mike Unswonh, a senior oil ana- 
lyst at Smith New Court * London 
stock brokerage, said he thought 
the Kuwaits would at on their 
stake for some time until tire direc- 
tion erf erode paces, which buffet 
shares of BP and other mqox-ofl 
companies, is more certain. 

“Of all the oil razors, BP is seen. 


as most exposed to swings in crude 
prices,” said an analyst 

The chairman of BP, Sir PdCT 
Wallen, revealed his company's 
concern about an “ordaty” mroos- 
al In a statement shortly after Lord 
Young’s announcement, Sr Peter 
said: “The primary issue is now an 
orderiy disposal of the (fivested 
shares, so the market can once 
agamvahre the company an its suc- 
cessful performance.” 

“What tire market seems most 
unsettled bv is tire lade of any indi- 
cation of the eventual destination 
of the stock,” said Jim Joseph, an 
analyst with Janies Capd ft Co. 
“There is a very good chance that 
the shares will not come through 
the UX marker and instead be 
placed abroad. 

Jassam Saadoun, a Kuwaiti 
economist in Kuwait, told Reuters 
on Tuesday that “Not even tire 
most pessimistic analysts said the 
cut would be as low as 9.9 percent 
It is not a fair decision. 

Britain, especially under Prime 
Minister Margaret Thatcher Is 
to favor free enterprise 
oppose restrictions on capital 
movements,” Mr. Saadoun said. 
“But when they fry to protect their 
interests, they act against their own 
ideological positions. It is a politi- 
cal decision more than anything.” 


Reiners 

LONDON — Mecca Leisure 
Group PLC said Tuesday h bad 
made a hi gher and final offer for 
the casino owner Pleasurama PLC 
in a bid that Mecca valued at £745 

million ($13 hiffifm ) 

Plearorama’s management said 
it would urgp shareholders to reject 
tire bid. Shares of Pleasurama fdl 8 
pence to 223 pence in trading on 
the London Stock FTrhang e imma . 
tfiatdy after tire bid was rejected. 

The erf ex, involving born Mecca 
shares and cash in exchange for 
Pleasurama shares, followed & pre- 
vious hostile bid valued by Mecca 
at £741 million- The previous bid 
involved a stock swap, but no cash. 

Mecca obtained only 23 percent 
of Pleasurama equity under the 
earlier offs. 

Mecca now is offering seven new 
Mecca ordinary shares, 10 new 
Mecca convertible preference 
shares and £3.15 in cash for evesy 
10 ordinary Pleasmama shares. 

Additionally, it is offering 28 
dcw Mecca ordinary shares, 40 new 
Mecca convertible preference 
shares and £12.60 for every 43 Plea- 
surama 7 percent convertible pref- 
erence riutresL 

SAS: 

Texas Air Pact 

(Continued from frst finance page) 
vantages, most importantly access 
to a luge route network.” 

Mr. Carizon, who will take a 
place on the Texas Air board, add 
in the statement, “Our strategy is to 
seek quality partnea with whom 
we can establish local hrib-and- 
spoke systems in different parts of 
the warid.” 

Continental has beat seeking to 
rebuild its image with business 
travelers, many of whom stopped 
using the airiine when it had severe 
problems with its service. The new 
Newark terminal has a 
vale lounge for business 
and has improved the airime’s ser- 
vice. 

SAS is heavily used by business 
travelers, who under the accord 
would presumably find it mare 
convanem to connect with US. 
flights of Continental or Eastern. 

In the past two years, SAS has 
engag'd m unsuccessful merger 
talks with the Belgian national car- 
rier Sabena and tried to bey a mi- 
nority stake in British Caledonian 
only to be outbid by British Air- 
ways PLC 

In August, it announced a $204 
millio n agreement to buy 40 
con of tire Argentine state 
Aerolnreas Ar gentina* Stream op- 
position to that deal has developed 
in the Argentinian pa rliament 

Half of SAS is owned by the 
governments of Sweden, Norway 
and Denmark and 50 percent is 
held by private investors in those 
countries. (Reuters, NYT) 


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For every 217 Pleasurama 7.75 
percent convertible preference 
shares Mecca is offering 70 new 
Mecca ordinary and 134 new Mec- 
ca convertible preference shares. 

Mecca said tire offers are worth 
the equivalent of 2453 pence for 
each radinary Pleasurama share 
and 228.4 pence for each Pteasor- 
ama 7 percent pr efere n ce share. 

A statement issued by Pleasur- 


ama said. “These final offers are 
derisory, bearing in nrind Pleasura- 
ma’s prospects.* 

The eaf&er offer, announced on 
Aug. 4, valued each Pleasurama or- 
dinary share at 26 1 pence and each 
p reference share at 243 pence. 

Pleasurama bad pretax profit of 
£44.32 million in 1987 on revenue 
of £241.21 million. 


Rnight-Ridder Sets TV Sale 


New York Times Serrice 

NEW YORK — In a move to 
reduce its debt, of nearly $1 billion 
and to focus oo its cable television 
and electronic information ser- 


Tbe Miami-based media compa- 
ny is likely to receive $350 million 
to $400 million for the eight sta- 
tions, John Morton, a communica- 
tions industry analyst with the 
Washington-based Lynch Jones ft 


vices, Knight-Ridder Inc. said it Ryansud. 
would sfl its right netwrak-affiB- J Lut Rnight-Ridder se- 
ated televisicHi stations. quired Dialog Information Ser- 

The stations mdnde four ABC vices, the world's largest computer- 
affiliates, in Albany, New York; based data bank, from Lockheed 
Nashville, Tennessee; Providence, Crap, for $353 ntiHioa 
Rhode Ttl»nd; and Flint, Michi- “With the Dialog acquisition, we 
pm; as well as two CBS affiliates, needed more funds,” Frank N. 
m Tucson, Arizona; and Norfolk, Hawkins Jr., vice president for cor- 
Virginia; and two NBC affiliates, porate relations and planning at 
in Oklahoma City, Oklahoma; and Knigh t-Ririder said Monday from 
Mobile, Alabama. his office in Miami 


pagnie Finanrifcre de Suez of 
France, also pot in funds and 
would help manage Al Saudi Ban- 
que, said tire statanenL 

A banking source said that Indo- 
suez injected foods vis Al Bank Al 
Saudi Al Fransi. in which it has a 
40 percent stake and which will 
now take 42J percent of Al Saudi 
Banque. Harm would also have 
415 percent, the source added. 

Outlines of tire rescue were set- 
tlal at the central bank on Monday 
night after several meetings, a Bank 
of France spokesman said. He said 
that 44 French-based creditor 
banks had backed the operation, 
which would allow Al Saudi to con- 
tinue its activities. 

“Creditor which are not based 
in France will not lose in this affair, 
and their debts wifi be honored," 
the spokesman added. He declined 
to detail tire foreign creditors in- 
volved. 

The banking source said the final 
15 percent of Al Saadi would be 
held by BAUF Banque, a unit of 
the French state-owned defense 
and electronics group, Thomson 
SA, which has substantial exports 
to the Middle East. 

An official at the French Bank- 
ing Association said the Bank of 
France was empowered under the 
1984 banking law to summon all 
French-based banks to participate 
in such a rescue operation. 

Another official banking source 
said that 101 non-Frencb-based 
banks were involved with Al Saudi 
and wonld not be required to pro- 
vide funds under the rescue pack- 
age. 

No official or private 
sources were able to say whether 
Saudi debts would be written riff or 
repaid over an extended period. 
Nor could they give tire exact 
breakdowns of winch banks pro- 
vided what funds. 


Gulf Airlines 
And Marriott 
Form Caterer 

BAHRAIN — Three Gulf 
airlines have d gned an agree- 
ment with Marriott Corp-, the 
ILS. food and hotels group, to 
buy 50 percent of its catering 
service at Heathrow Airport. 
London, it was disclosed Tues- 
day. 

The three, Saudta, Kuwait 
Airlines and Gulf Air. have set 
up a new company, Manion- 
GCC Inflight Catering Service 
Cb^ to serve food at Heathrow 
prepared according to Moslem 
dietary rules. 

Daniel AltobeDo, president 
of Marriott's airport opera- 
tions, declined to pot a value 
on tite deal. But industry 
sources estimated that the op- 
eration is worth about £9 mil- 
lion ($15.3 million). 

Airiine officials said that tire 
three were considering similar 

projects with Marriott at other 
airports. 


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Tue sday^ 

AMEX 


dosing 


Tobies include the nationwide prices 
up to the dosing on Wall Street 
and do not reflect late trades elsewhere. 

Via The Associated Press 



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W *9r- , r i - 
*»%***'** 







REVLON: Perehnan Swings Focus Back From Health Care to Beauty 


(Continued from first finance page) 

toward the bealih care business. Its 
reappearance was no mere coinci- 
dence. 

The memoiy of Revlon's gjoiy 
days, and especially of Mr. Revson 
himself, is now invoked by every- 
one from the highest-ranking exec- 
utive to the saleswoman at & cos- 
metics counter. 

“From the era of Charles Rev- 
son, we were always on the leading 
edge of creativity and innovation,” 
said Sol Levine, the president of 
Revlon and a 20-year veteran of the 
company. 

For cosmetics expertise, Mr. Per- 
rima n toms to Mr. Levine, while 
pouring more of Ms own formida- 
ble energy into selecting the adver- 
tisements and the models who ap- 
pear in them. 

The desk, in Mr. Perdman’s cor- 
ner office at Revlon is turned away 
from the wide view of Central Park. 
He strides from Ms desk, slips off 
his shoes, cuds one foot undo: him 
and settles lightly on a chair De- 
spite his casy posurre, he responds 
to questions with short, rapid-fire 
answers. 

He said that when he acquired 
Revkm me of his first objectives 
was to strengthen and pfiti*h the 
company name. 

“The Revlon name is one of the 
best and most recognized brand 
names in the worid.” he *aid In 
fact, it ranksjust behind Coca-Cola 
and Kodak m terms of worldwide 
recognition, according to company 
studies. 

So far, be and Revlon are looking 
good. Revlon executives estimate 
that operating profit in the core 
beauty products business — 580 
mflbon in 1985 — wiD Mt $225 
milium this year and $300 TnflKftn 
in two years. Sales are expected to 
top S2J billion this year, compared 
with abort $1 bmion in 1985. 

And that comes in an industiy 
where sales have slowed and buy- 
ing patterns are changing. Sales of 
cosmetics were once geared toward 
young women in search of fashion- 
able makeup. Now, the prime con- 
sumer is aging and has a whole new 
set of cosmetics needs. 

To resuscitate the Revlon imag e, 
Mr. Perdman launched a glitzy ad- 
vertising campai gn around photo- 
graphs by Richard Avedon. These 
feature celebrities or models and a 
headline proclaiming: “The most 
unforgettable women in the world 
wear Revlon." 

hi the cosmetics business, adver- 
tising can translate as magic. With 
the high, cost of selling and adver- 
tising, profits come by marking up 
the cost of the product 
The customer is fickle, though. A 
.new fashion, a new ingredient, or a 
new advertising campaign can lure 
her away from a product and even a 
brand. 

In the two years since the incep- 
tion of Revlon's advertising cam- 
paign, the company has gained 


Revlon on Two Fronts 

Department Store Safes 

Department store sales of women’s Iragrances. skin care and 
makeup* in 1987. Market share, m percent. Major brand names for 
each corpofauon ate in parentheses. 

1987 Sates by Department Stores: $4 billion 

13.4% 10% 

Cosmair Hevfem 

(Lancdma. BrOtherm.^^-^T|^^' > a no- 

designer fragrances),/ Avon prodix 


2.7* - 

Mo6t Hennessy. 
Louts Vuition f 
(ChristianDior, / 


37 \ 

Estde Lauder \ 


Presen ptives. 
Clinique) 


e.o% 

Avon Products 
f \ (Pariums Stem. 
Giorgio) 

f J\ "\4.4% 

-*"L — \ Fabergd 

~ I (Elizabeth Arden. 

I Fend), Chiod. 

22°.<> I and Karl Lagertek: 
•war / fragrances) 

/ 2 . 8 % 

/ Ghana! 

‘ mctfOing pr omoboiul noms 
sou with cosmetics 

Sotmco Mottui ana Awocwies osfHiWfas 


Mass Outlet Safes 

Sales of fragrances, skin care and makeup to drugstores 
supermarkets and mass volume retailers in 1987. Wholesale market 
Share, in percent Major brand names for each corporation are in 
parentheses. 

1387 Safes by Manufacturers to Mass Outlets: $3.2 biMon 

4% 3% 

Beecham Procter & Gamble 
(Javan. , 

Unilever Noxe* 

(Prince /\. \ (Cover Gin. 

Matchabeffi. L \ Clanon, 

Aziza) / \ Noxzema) 

American i / Sctiaring-PIou 

CyanamJd \ (Maybeilne) 

(Old Spice. \ / 

PieneCardin) \ Other \/ 8% 


irmg-Ptough 

beiHne) 


market share of cosmetics sales in 
drugstores, supermarkets and mass 
market outlets. 

The advertising is consistent," 
said Mr. Mottus. the cosmetics in- 
dustry consul tan l “It used to 
change all the time They have the 

lannrfo'mg pad for SUCCesS." 

But repeat sales are what make 
for a success, and repeal sales occur 
only when the consumer is satisfied 
with the substance beneath the 
wrapping. Mr. Petebnan’s strategy 
for a rejuvenated Revlon includes 
improving the quality of the Bp- 
stidts, nan polishes, shampoos and 
fra grances t hat make the reg- 
isters ring. 

To do this, he and Mr. Levine 
increased the m of the research 
and devdopment staff at the Rev- 
km Research Center in Edison, 
New Jersey. They also quickened 
the pace of product introductions. 

“I see «gn« of new product suc- 
cess, and that’s the name of the 
game,” said Diana K. Temple an 
analyst at Salomon Brothers Inc. 
“The company has to gain market 
share with new product launches, it 
has to improve its relationship with 


\ (MaybeiNne) 

\/~ 6% 

/ Cosmair 

^ (LOrdal) 

Source. Uomtt Lyncti oslimalta 

The New Ywl Taxi 

the retailer and improve profitabil- 
ity" 

Revlon’s new shampoo and con- 
ditioner, Clean & Clear, was de- 
signed to keep hair free of film. 
According to NeB Katz, president 
of Revlon s beauty care division, it 
is “the biggest success that Revlon 
has had smee Jontue and Charlie,” 
its two popular fragrances. 

The shampoo commands 2.5 
percent of the SI 3 billion shampoo 
market and the conditioner ac- 
counts for 4.4 potent of its S595 

million market 

But the company miscalculated 
Clean & Gear’s potential and is 
struggling to keep up with demand 
for theproduct- 

Meanwhile, Revlon’s prolific 
Max Factor division has also had 
problems supplying stores with 
some of its other new. popular 
products, such as Erace Line Filler, 
a thick makeup that fins in crow’s 
feet and laugh limy 

The company’s No Color Mas- 
cara, a clear gel that coats each 
eyelash with a glossy sheen, is.rec- 
ognized as a blockbuster. 

“Tve been in the beauty business 


for 30 years,” said Allan Kurtz- 
man. president of Max Factor, 
“and this has been the most suc- 
cessful product introduction I’ve 
ever seat.” 

And now Revlon is attempting 
to lighten the load of women's ever- 
bulgmg tote hags with its Micro- 
chip blushes and eyeshadow com- 
pacts. which are only slightly 
thicker than credit cards. 

Against this backdrop, one new 
product from Revlon has struck 
some industry experts as remark- 
ably retrograde The fragrance. 
Trouble, “began as a notion that 
women like mischief, adventure 
and a level of chance that isn’t 
scary or overtly sexual” said Ar- 
thur Cohen, executive vice presi- 
dent and director of advertising at 
Revlon. 

That may be the notion, but the 
message in one Trouble advertise- 
ment is scary enough. In it. an un- 
shaven man sits ai a bar, and, in 
another frame, a woman wearing 
evening clothes and a glittery ban- 
gle relaxes in a caffc. It looks like. 
weU, trouble. 

“It’s the morning after.” ex- 
plained Mr. Cohen. This image is 
akin to the daring, dangerous sexu- 
al mood projected most successful- 
ly by Calvin Klein’s Obsession in 
1985. 

But Calvin Klein's new fra- 
grance, Eternity, and many others 
launched recently, such as EstAe 
Lauder's Knowing, are using more 
tara:^ advertisement. Given the 

of the casual sex^that the pbottv 
graphs for Trouble imply, Revlon 
may be taking a risk. 

The balance of Revlon's business 
has been skewed, with power in the 
mass market outlets and weakness 
in department stores. Mr. Perdman 
wants to right that balance by bol- 
stering the company’s department 
store business. 

To do this, he acquired Halston 
in 1986, Germaine Monteil, 
Charles of the Ritz and Alexandra 
de Markoff in 1987 and Visage 
Beauttin 1988. These IMes join & 
company’s Ultima II and Princess 
Marcella Borchese brands, and the 
Bill Blass andNorefl fragrances. 

Most of these brands are old and 
in need of a jolt of energy. But even 
with plentiful brands, Revlon is in 
third place in sales of department 
store cosmetics, with LancAme in 
second place and Esi£e Lauder in 
first. 

. To focus the brands and to im- 
prove the delicate relations be- 
tween Revlon and the retailers, Mr. 
Levine hired Robert A. NeDsen, 
then the president of Frescriptives, 
a division of Estte Lander Inc. 

“The company had some great 
product lines with wonderful 

its way,” said Neflsen. Many 
consumers saw these products as 
dnlL 



All you need 
to do business in Europe. 


I n todays Europe, co-ordination of business 
activities is important In tomorrow^ Europe, 
it will be essential. 

As one of the worlds largest firms of accountants, 
tax advisors and management consultants, 
with 219 offices in 20 countries in Europe alone, 
Tbuche Ross International can help you. 

The quality of the financial expertise of the 


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INTERNATIONAL 1TF.BATJ1 TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 





WE CAME THROUGH 

WITH FLYING COLORS 


‘KLIM announces the departure 
of KL880 to Amsterdam/ 

A khamsin wind off the desert 
has pushed the temperature in 
Dubai up to 116°F. Although past 
midnight, the skin of the aircraft Is 
too hot to touch. 

We take off and climb smoothly 
to 40,000 ft. The sea of air outside 
is rushing past at -84°F, colder than 
the South Pole. 

KL880’s tough polyurethane 
paint must cope simultaneously with 
these extremes. 

Dawn breaks over a fleecy layer 


of cloud 30,000 feet below. But the 
stratospheric sky is clear. 

As the sun lifts behind us, vast 
amounts of ultra-violet radiation 
bathe the aircraft. 

Under this onslaught, human 
skin would perish. 

KL880’s painted skin neither 
discolors nor fades, neither cracks, 
flakes nor peels. 

This is because one of its 
layers is ‘Aerodur Clear coat* that 
contains powerful ultra-violet 
filters. 

Over the Alps, we fly into a 


thunderstorm. Twice, although the 
passengers don't realize it, light- 
ning flashes near the aircraft. 

KL880’s paintwork is not even 
blistered. 

Nor does the rain loosen the 
paint. 

But why should water succeed 
where snow; sleet, hail, de-icing fluid, 
hydraulic fluid and aviation fuel have 
failed? 

KL880’s paint was developed 
by Akzo, one of the world's big- 
gest chemical companies: 70,000 
people active worldwide in chemi- 


cals, fibers, health care [where our At 8:25 am, KL880 lands at; ~ ' 

work includes cancer research and Amsterdam, as fresh and glossy ^ 
AIDS diagnostics) and, of course, when she left Dubai, 
coatings. No wonder today so many of V: 

It’s quite likely that your car the world's passenger aircraft fiyV 
is equally well protected by an our colors. 

Akzo finish. 

And if you’re one of those jJ 

traditionalists who like fountain ^ A? 

pens, we may well have made the M 

dyes for your ink. W 

[We’re also, as It happens, the 
world’s leading producer of kidney 
dialysis devices, industrial yarns 
and salt.) 

For further information please contact Akzo New York at (212) 382 55**. 

















Dollar Mixed Alter Technical Rally 

AnnMhi Ou> ChXT K " 


Caupgedfy Our Staff Fim, Oamdu, 

— * The dollar 
inn** after active trading 
^foraday, rocking up against most 
{toreaa« buj felluig against t£ 
yen and die Qwwtj^ dollar. 

Dealers attributed the contacts 
^oity pins to technical factos 

rather than fundamental strength 
notmg ttat operators were 

tot totda positrons ahead of the 

US. employment data for Septan- 
bra; to be announced Friday 
Traders said the market was in- 
dmed to sell dollars, but a drop in 
the Batin pound prevented ihe 
U-S. currency from falling across 
^ jwwd. The British govern- 
mentrs decision to order the Ku- 
wait Investment Office to shanrtv 
reduce its holding m British Petr£ 
Co. sparked speculation that 
Kuwait might unload sterling. 

The dollar rose to 1.8648 Deut- 
sche maria at the dose from 1.8618 
DM oa Monday, while it advanced 


London Dollar Rates 


Qbm 

OtatiOi mart 
P^owJneriitt 


waiting far direction from the re- 
lease or the U.S. employment fig- 
ures. 

The dollar fell .below the support 
level of 1.8580 DM u> touch a low 
of 1.8S6S DM, but soar recovered 
and drifted bade up. It dosed at 
l .8605 DM, down digltfly from 
Monday’s L8613, 

The dollar dipped to 133.18 yen 
from 133.65 Monday, and feu to 
63375 French francs from 63380. 
But the U.S. currency advanced to 
13790 Swiss bancs from 13787 


m me session ana men rma- 

m ^. 5 T orI ’ 423105 5aid - 

^ 5® Dar Tbg y U.S. currency wfll 
fraBCS t f adc m Iowcr ranges for the rest of 
no*n Monday s 63385. the week, noting that the maitu is 


Sirin (nac 
f’nwbftvK; 

Source .- Ontmv 


i* . The dollar dipped to 133.18 yen 

U 1 “““S from 133.65 Monday, and fell to 
JV-ra? F* 5°“ PI 65 63375 French francs from 63380. 
El?,. 1 #* Caa8dian But the UJS. currency advanced to 

a 13790 Swiss francs from 13787 
7he dollar mroaDy seesawed on fames, ft also famed against the 

British pound, which eased to 
huts states mthin OFEC Saudi JU963 from SUMS on Monday. 
Arabia has threatened to Hood 4 l i . . J 

*£issic£sz 

In London earlier, the dollar “People are dealing a lot on 
closed little changed after slipping ™5 rts -’' raid a European dealer, 
carrier in fee session and then mid- ' arc still quite a few sen 
ing strong support, dealas *»«t orders. I think 1.8550 DM win be 

They raid the U.S. currency will teste ** again- w 
trade m lower ranges far the rest of The pound, too, could face a teas 

the week, noting that the market is at $1.70. (AP, Reuters) 


Finnish Bank 
Suspended 
As a Broker 

Reuters 

HELSINKI — A s un- 
owned bank, Postipankki Oy, 
has been suspended from act- 
ing as a broker cm the Helsinki 
Stock Exchange for two 
months foe violations of the 
bourse's rules, an exchange 


The exchange's board of di- 
rectors also gave Postip ankki 
30 days to lodge an appeal 
with the supervisory board, 
which is a more senior body.. 

The spokesman said Posti- 
panklri broke rales by f ai ling 
to tell the exchange it had ac- 
quired more than 10 percent of 
me wholesale company ha- 
purien Tuklcn Oy in August 

On Aug. 1(L Postipankki 
owned 32.4 percent of Lripnr- 
iea Tukku. But the bank's 
holding was reduced to 93 
percent the following day. On 
SepL 13 the bank’s stake stood 
at 4.1 percent, the bank said 
on Monday. 


Lee Angela Times Service 

SEOUL — President Rob Tac Woo predict- 
ed Tuesday that South Korea would enter the 
ranks of advanced industrialized nations by 

1992. 

He also announced that the country would 
reduce its dependence upon exports for growth. 

In a major budget speech, Mr. Rob told the 
National Assembly that before his term ends in 

1993, Sooth Korea would be transformed into a 
creditor nation. Choly two years ago it had the 
fourth-latest foreign debt in the world. 

The South Korean currency, the woo, “will 
then become an fritwnnfinral currency, en- 
abling our citizens to travel around the world 
with only Korean money in their pockets," he 


controls and crooning of South Korea’s capital 
markets — an of which are sought by the 
United States — will be carried out “on a 


Although he was not specific about target 
dates, Mr. Roh said that the deregulation of 
banking, liberalization of foreign-exchange 


He also said “a better balance between ex- 
ports — on which we have been depending 
heavily for growth — and Aunff gt fc sales 
would be achieved. His speech marked the first 
time a South Korean leader las deenxpbasacd 
the need fa- exports, 40 percent of which have 
gone to tiro United States in recent years. 

The president said an increase in per-capita 
income from slightly above $3,000 last year to 
56,000 in 1992 would ensure steady growth of 
the domestic market. Leading-edge industries 
will continue to expand, and tiro government 
will invest more in infrastructure, “virtually 
assuring an annual economic growth of around 
8 percent-” 


The president made it dear, however, that be 
is not mimicking Japan, which has promised to 
seek its growth entirely through domestic de- 
mand. Mr. Roh predicted that South Korean 
exports would enmb to 590 billion in 1992, 
“malting Korea one of the IQ largest trading 
nations m the world." 

Last year, the nation had $473 billion in 
exports. The U3. Embassy in Seoul predicted 
that total South Korean exports will rise to 
S573 biBkro tins year. 

Sounding a word of caution in a reference to 
the increasing demands of organized labor, Mr. 
Roh raid South Korea’s economic success 
threatens to create “public expectations and 
demands (that) are likely to soar to unrealistic 
heights.” He warned that “no one can came up 
with a magic formula to satisfy the aspirations 
of ail dozens in one fell swoop. 


TRADE: Asian Nations Play Greater Role in Balancing Trade Inequities 


OIL: Warning by Saudi Arabia Sends Prices Lower; Further Falls Possible 


(Gnfimed from page I) 
warned that “Saudi Arabia had 
done enough for OPEC." 

It said that Saudi Arabia, the 
world's largest oO exporter, has al- 
ready reduced its oil production 
/from a high of 10 Ttviffinn bands a 
day in 1981 to the present level of 


cess an income that the official 
statement estimated at $109 ba- 
ton. 

“It sounds Eke a declaration of 
independence from OPEC," com- 
mented a senior OPEC official who 
asked not to be identified. “We are 
heading for very rough 

Arab ad industry officials said 
that the mmssally blunt Saudi 


statement reflects Saudi Arabia’s 
deep concern that Iraq and Iran, 
along with other Gulf od producers 
Kuwait and the United Arab Emir- 
ates, are moving in the aftemath of 
the end of the Gulf war between 
Iraq and Iran, to secure a larger 
share of the world’s market. 

Iran and Iraq have already sig- 
naled their intent to boost output 
in order to secure larger od reve- 
nues for the nxxmstrnction of their 
shattered economies. Than is a 
suspicion in Saadi Arabia that both 
giant military countries are looking 
at Saudi Arabia to sacrifice some of 
its production, which now stands at 
dose to 5 million barrels a day. 

Iraq recently served notice that it 


plans to hang cm to its ament out- 
put of 2.7 min ion bands a day, I 
million bands above its OPEC 
ceding. The Iraqis hinted that they, 
may increase output to more than 
33 million barrels a day when they 
complete work on a pipeline next 
year. 

Kuwait has poshed its output 
ova the past tew weeks 600,000 
barrels a aay above its ceding of 1 
mfllinn bands. And Iran is busily 

iuction closer to 3 nxQhoa banrebsa 
day, a gainst an official OPEC quo- 
ta of 23mflHoa barrels a day. The 
United Arab Emirates has nearly 
doubled its production over its 
quota of 940,0000 bands a day. 


“Unless oQ production in aS 
these countries comes down, we 
win ccKuader there is no agreement 
to which we are bound,” said a 
Saudi oO industry official who is 
familiar with official policy. 
“Wads are no longer enough," 
added a Saudi industry executive. 

“This is the roughest statement I 
have seen in years,” said the busi- 
nessman of toe Cabinet statement 
“Our ofl revenues ha* fan*w so 
much we expect a deficit of $15 
MQian this year if not man. No one 
m Saudi Arabia can agree that we 
keep on cutting production just so 
that others take it away.” 

OPEC is scheduled to meet again- 
on Nov. 21 in Vienna . 


(Continued from page 1) 

and tiro United States simply can- 
not be solved by our two nations 
alone,” said Hirohiko Okmnnra, 
chief economist at Nomura Re- 
search Institute “Bui if we bring in 
the NICs as a third party, a vicious 
circle becomes virtuous.* 

Reflecting both the high dollar 
of the early 1980s and tiro U.S. 
currency’s devaluation against the 
yen since 1 985, the U.S. deficit with 
the little dragons has mounted fast- 
er than that with any other region 
for most of this decade. At its peak 
last year, the deficit reached $37.1 
fashion — Taiwan accounted for 
almost half of that 

One consequence of this trend 
has been the increased prominence 
of trade between the United States 
and the four Asian nations since 
1980, when U3. trade across tiro 
Pacific exceeded its trade with Eu- 
rope for the first time. 

Trade among the four dragons, 
Japan and the United States in 
1987 stood at more than $600 bd- 
fioo, or 1 13 percent erf total world 
trade — nearly doable its propor- 
tion of world trade in 1980. 

In this contort, tiro sensitivity of 
the NICs to changing growth rates 


and exchange rates — their “elas- 
ticity” in these areas — has taken 
an greater s ign i ficanc e, economists 
contend. 

Assuming similar rates of growth 
in any given period, for instance, 
the NICs are likely to show import 
growth u twice tiro rate of Japan, 
according to a new study by the 
Nomura Research Institute. The 
study also showed that Japan’s im- 
ports from the four dragons would 


from the United States under tiro 
sane conditions. 

Similarly, the Nomura study 
showed that two-way trade be- 
tween the United S tates and Japan 
was less sensitive to exchange-rate 
adjustments than trade between 
the United States and the four oth- 
er nations. 

Why have these distinctions 
emerged? For one thing, Japan’s 
import barriers — nylnriing non- 
tariff factors such as its distribu- 
tion system — contrast sharply 
with liberalization programs 
launched over the past year m Tai- 
wan and Sooth Korea. Japanese 
investment in the four other coun- 
tries is also improving their capaci- 
ty to penetrate tirolapanese mar- 
ket. 


Another factor is the develop- 
ment of the four dragons to a stage 
in which demand for capital goods 
and high- technology items is likely 
to remain strong under almost any 
circumstances. Consumer products 
from the United Stales — from 
photographic film to breakfast ce- 
reals — are being snapped up in 
these new markets, -where current 
growth in personal consumption is 
as high as 15 percent. 

“That is an unusually high num- 
ber,” said Takashi Oyama, a Bank 
of Japan official who recently pub- 
lished an analysis of triangular in- 
terdependence in the Pacific. “The 
NICs will need more time — per- 


to become setf-suffideni enough to 
break this pattern.” 

Mr. Oyama and other econo- 
mists caution that the four dra epos' 
importance in the trade-adjust- 
ment process has been exaggerated 
to some extent, chiefly by govern- 
ment-directed gold imports of $4 
billion in Taiwan earlier this year 
and by a surge in imports just after 
Taipei announced a sweeping liber- 
alization scheme in Febnuuy. 

Indeed, some trade analysts 
question whether the four nations, 
some of which still face problems 


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of income distribution and under- 
developed markets, can sustain the 
position in the trade triangle that 
they have staked out in recent 
months. 

“Economic transitions of this 
son are important in the long 
term,” said M arc Faber, managing 
director of Drexel Burnham Lam- 
bert (HK) Ltd. “Bat these are in- 
fant economies, in which the bulk 
of the population stQl has no pur- 
chasing power. What global impact 
can they have?” 

No one is yet able to answer that 
question with certainty. But high 

fjnited Statesand furSoraiTmcy 
appreciation among the NICs 
would make the phenomenon per- 
manent in coming years, econo- 
mists say. 

If the four dragons' currencies 
appreciate IQ percent the Nomura 
study says, their combined surplus 
with the United States would be 
reduced by a further $13 billion in 
tiro year it took place, and more 
than $9 billion the following year. 
The same result could be achieved 
through a reduction of U.S. growth 
from its current level of 4 percent 
to 2 percent, the study projects. 

St. Nit 

ON. YVL PE MBS Ml* ljW> 4PJft.Chtoe 


Prices 


NASDAQ prlcca as ofSjun. Now York time. 
TMs UU. cMiwflM by ttwAP.eanalrisoMfto uw 
mwf trattod aKumtas In Nrmi of dollar vaiua. 

It tt undated Mot a v«or, 


Mtod sBcurttlm In Mma of dollar vaiua. 
itttDMkAdMcia veer. 

Via The Associated Press 


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27 2S46 Wft 
1950 144b 144b 
11*0 1746 M9b 

90 ISVb 149b 

319 9 tto 

420 22 21ft 

274 15ft 144* 
143 34 23ft 

394 UU 14 
122 111* 10ft 
M2 046 116 

20 49b 4Tb 

700 311* 31 
95 Mto 23ft 


416 

3046- ft 
214b + to 
29ft _ 
274* + to 
264b _ 

14ft- to 
174* - to 
34b* - 
J*b — %4 
16ft- to 
24 

54b- 16 
1944- to 
20ft + to 
27ft- to 
1716 

7to - 
234* + to 
-216 
+ 44 


Tu esday 

MEX 


Qoang 


Tables Include the naltanwlde prices 
up to ihe dosing on Wall Street 
and do not reflect late trades elsewhere. 


Dlv.YM.PE Mto High low SS!ore* 


(Coatimi ed) 

8 20 
AO 138 

13 21 

JO 4 J 3 24 

J8 1A 10 11 

J0b2J 12 3 

12 

10 S 
418 

1 J 0 7 J 1 

J 3 *U 29 
3 


946 7to USPRI 1.15*119 4 

104* 44b Urtcorv JO 4* 

BU 5ft Unlmor 1J3MZ2J „ 

1216 446 UnVdiv 11 

2ft 1ft UFoodA 5 

716 2ft UUMad 

2046 149b US Cain 

im* 71* UnHWV 14 

5ft 316 UnvBk* JO 55 7 

144* 39b UnvPat _ 

11 6<6 Unottal 23 


19k 1ft 1ft 
1716 1*96 17 
10ft 10ft 10ft 
*to i 616 + 16 
1746 1716 17 ft + to 
17 ft 17 ft 17 ft 
89 b Bto 8 ft— V< 
*44 4ft 4ft + to 
6 6 * 

« 54* 54*— 16 

18 ft 18 ft 1816 
* 4 * <to 61 * 

2 ft 2 ft 244 


81* Sto Ito + 16 
64b 6ft 6ft 
616 6 6 
Bk 89k 89k 
Ift 1 ft IM 
4ft 44* 4ft— 16 
164* 16ft 16ft + ft 

S 94k 9ft 

34b 3ft— to 
4to 446 4ft 
94b 9to 9ft + to 


28 1716 

346 I 
12 *to 
•to 3to 
34* 116 

J* * 

SOU 45 
2096 lift 
3 1ft 
Oft 4to 

iK im 

916 4 
12ft 7V» 
13ft 7ft 
6to 2ft 
ISto tl 
17 546 

10H 10 
9ft 4 
2ft 1 


1J 1* 

2243 

9 

846 

9 —to 

1J 14 

3 

9 

9 

9 — ft 

A 15 
5.1 29 

212061620316204 + to 

« 

271b 

269k 

2716 + to 


109 

2to 

216 

2to — to 

V9 13 

5 

9ft 

’S* 

4ft 


211 

716 

6ft 

7 + Ik 


6 

146 

Ift 

lft 

34 

6 

4M 

«to 

Sto + to 


116 

ft 

ft 

„1* ^ , 

M 

10X47 

47 

17 bk 

IS 15 

U 

lift 

Uto 

15ft + » 

I 

lft 

lft 

ito + to 

10 

12 

eft 

6ft 


V 

*59 

1446 

Mto 

14V6— ft 


44 

ito 

ito 

lft 

U 17 

29 

18ft 

1846 

18ft 

3 

27 

4ft 

4ft 

4to + to 

U 27 

a 

toft 

toft 

toft 

35 

57 

13ft 

1316 

13M— to 

17 

41 

41* 

4to 

416 

E1J ■ 

7 

13 

n 

13 

U 23 

10 

15ft 

15ft 

15ft 

3 

04 

lOMi 

10 

IM 

8 

22 

8 

P* 

744— 16 


5 

Ito 

116 

116 

2 

43 

to 


to 


































BOOKS 


COLLUSION ACROSS THE JORDAN: King 
Abdullah, the Zionist Movement, and the 
Partition of Palestine 

By Avi Shlaim. 676 pages. $40. Columbia University 
Press, 562 West 1 13th Street, New York, N. Y. 
10025. 

Reviewed by Kathleen Chris tison 

I T HAS become a commonplace, when discussing 
Israel's creation in 1948, to portray a beleaguered but 
plucky little infant state fighting off marauding armies 
from five Arab nations, ready but Tor Palestinian intran- 
sigence to live alongside a Palestinian state in accordance 
with the UN Partition Resolution, anxious to make 
peace but unable to find a partner among any of its 
neighbors. None of this has ever been precisely true, but 
only recently have researchers begun to air a more 
accurate version of the story. 

Israeli scholar and Oxford University don Avi Shiaim’s 
contribution to this revisionist literature is a thoroughly 
researched account or 30 years of contacts between the 
Zionist leadership and Jordan’s King Abdullah, contacts 
aimed at fores tailing creation of an independent Palestin- 
ian state and assisting Abdullah in taking control of the 
Arab parts of Palestine. It is a fascinating story of duplici- 
ty and cynical double-dealing. 

Abd ullah wanted from the be ginning of his monarchy 
in 1921 to take over all of Palestine, giving the Jews local 
autonomy under his rule. This was unacceptable to the 
Zionists, but they maintain ed contact with him through- 
out the 1930s and ’40s because he was useful: He was a 
pragmatist, able to recognize when the Zionist move- 
ment had become loo strong to be denied a pan of 
Palestine, he was not anti-Jewish and. above all. he hated 
the Palestinian leadership. 

This made for a nice partnership, and in 1947, 10 days 
before the United Nations voted to partition Palestine 
into an Arab and a Jewish state. Abdullah and the 
Zionists reached an understanding that, when the British 


left Palestine, Jordan would move its army into the Arab 
sector. 

The partnership had its ups and downs. Abdullah 
pledged not to invade the Jewish pan of Palestine, but 
the Zionists never agreed to similar constraints for them- 
selves. and the two armies clashed in Jerusalem when the 
Israelis attempted to take the city, which was to have 
been internationalized, and a corridor to it. which was in 
territory allocated to the Arab state. 

Shlaim demonstrates that the impetus behind the 
other Arab states' military move into Palestine was as 
much anti-Jordanian as anti- Israeli and that much of the 
fighting in which Israel engaged was seif-initiated, de- 
signed to take more territory in the Arab sector. Indeed, 
the Zionist, and later the Israeli. leadership comes across 
in this book as strong and confident and rarely in doubt 
about Israel's fate — in no small measure, of course, for 
the very reason that Israel had this “tacit alliance” with 
Abdullah. Israel is shown in Shi aim’s book to have been 
almost always in control, militarily and diplomatically, 
and to hare outnumbered and easily outmaneuvered the 
Arab armies facing iL 

Shlaim admires Abd ull ah's w illing ness to deal with 
the Israelis, and he believes that Israel's early leaders, 
because of victory-induced complacency and reluctance 
to set limits on their horizons, missed a golden opportu- 
nity to conclude a formal peace with Abdullah and other 
Arabs. 

Forgotten throughout these Zionist-Jordanian deal- 
ings were, of course, the human consequences. The 
Palestinian leadership at the time was hardly blameless, 
but neither Abdullah nor the Zionist leadership ever 
really cared that they left millions of Palestinians 
without either security or land. 

As is abundantly clear, they did not solve the Palestin- 
ian problem by trying to ignore it or smother it Shiaim’s 
book shows that, in the complex world of Middle East- 
ern politics, where states' interests overlap, Israel's kind 
of insularity and Jordan's attempts to go it alone simply 
cannot wont in the long mo. 

Kathleen Christison is a former Middle East political 
analyst with the Central Intelligence Agency. 


Wbrid Stock Markets 

f 'ia Agence France Presse (losing prices in local currencies, Oct. * 


YornotcrnSes 

NOW •"‘•“iSSf 1 
Previous : 272SJ1 


.l 1 " JJ 


Cl«a Prwu. 
mso 470 
uiso mao 
3S8JB 289.50 
2628026140 

1S9.SC W 
271267.3} 
XO 554 



Close Prov. 
Doe Co. 171 171 

Dixons 144 1C 

D rt c forHeln S W n 

Ftaons 2SZ 249 

Frwoolds 7* 7M> 

Gen Accident Ml 877 

SEC 15« 156 

GKN 315 306 

GlOXO 1043/641039/64 

Grain Mel 454 406 

GRE 177 177 

Guinness 323 321 

Ckis 1A 1» 

Hanson 144W USVj 

Hawker 514 512 

ICI to 19/64 10 M. 

Jaguar 257 256 

Lands Sec 5g 563 

Legal and Gan 307 308 


2775 

1200 


Lloyds Bank 
Lonrho 

Lucas 

Marks & So 
Maxwell Com 
Metal Bax 
Midland Bonk 
NoLW— t-Bfc 
Peuison 
PcndO 

PllkJnotan 

PrtxJnrttal 
Race I Elec 


314 314 

334 335 

594 594 

167 163 

184 T8S 

255 251 

415 414VS 

546 S45Vj 

752 752 

Stf 564 

211 209 

15414 155 

156 156 

m 2w 


R unU t unte lnS 6me 5W 


Rank 

Rood i n ternal. 
Reuters 
Rotts-Ravce 
Rover 

Royal Dutch 

RTZ 

Soatchl 

5alnsburv 

Sears Hold I no 

Shed 

5TC 

SM Chart. Bk 
Storehouse 


706 701 

410 414 

500 499 

13114 130VJ 

77 97 

6141, 6216 

445 439 

350 350 

194 1« 

131 127 

963 9S9 

776 279 

539 540 

1H 181 


Sun alliance 10 3/64 101/64 
Tate and Lyle 9(77 805 



BRIDGE 





Arbed 

3470 

3425 

BalkOert 

12000 120U 

Cocfcortll 

314 

310 

Cobepa 

5570 

5560 

Dothatie 


4845 

EBES 

4535 

4600 

GB-inno-BM 

1274 

1274 

GBL 

3510 

1520 

Gevoert 

7850 

7850 

Hotxjken 

TMO 

9380 

Intercom 

3550 

3575 

Kredtelbank 

4270 

4200 

Petroflno 

14100 14250 

Rovole Belpo 

5300 

5280 

5oc Gen BqiM 

5590 

5590 

Soft na 

12550 12700 

Sotvay 

13050 

1X225 

Trodebe 1 

8070 

B170 

UCB 

9350 

9450 

unora 

2755 

2765 

Vletlle Monlogne 

8400 

8450 

Currant Stock Index ; 5796 77 

Prwioos : 5269.27 




Tesco 
Thorn Eml 
T.I.Grouo 


132 13194 
631 638 
350 351 


T ratal oar Hoe 31094 311 


THF 266 267V4 

Ultramar 253 256 

Unilever 654 454 

Uld Biscuits 285 287 

Vickers 171 171 

war Loan 3V4C 38943823/32 
Wellcome Go 506 497 

Woolworth 249 2(8 

F.t. 3a index : 1457^0 
Previous : 14SSJC 
F.T 190 index : 1807.38 
Previous : 188248 




iJIII, . ■ 


mmlm 

MW 




Mir»v,LiiiJiit Jir 






5 iV; , l 


[H t * Ml 1 1 1 1 f:|i] tKiUti i m i H ■ r 1 1 




Banco Central 1045 1035 

Banco Santander 958 938 

Bartesta 1045 1035 

CEPSA 460 471 

Droaadoe 417 42S 

ExoLRIo TlntO 355 370 

HLdroelec. Em 71 92J0 

Iberduero 1283129.50 

Teleton tea I8L75I87.S0 




Cereeos 
City Dev. 

DB5 

Fraser Neave 

Genii no 

Harrisons Plant 

How Par 

Hume 

Irtehcaoe 

Kamel 

KL Keoong 

Lum Chans 

Malayan Banktne 

OCBC 

DUB 

OUE 

Semtoawang 
Straw Wa 
51 me Demy 
SIA 

SYMtre Lend 
Slwre Press 
S. 5tecmshhi 
S. Trod Ino 
UOB 

United Overseas 

Straits Times led. 
Previous : 102X05 


£90 UJ 
2.92 3 

745 740 
635 6-75 
488 496 
458 458 
£02 106 
145 145 

540 555 

ZU 273 
374 352 
135 1.40 

474 482 
730 7.45 

118 170 
430 440 

112 118 
5X1 5.45 
Z92 3 

1L10 1130 
7.10 7.15 
6.9S 7.10 
159 150 

116 134 
476 482 

133 135 




Ve 

4648 

250159 

Bombrdri 

BombftJrt 




1% 

p 


Vk 

Vk 

H 

|| 

H 




’TJE, 








v* 7 








ACROSS p' p 13 )4 

i Highlands girl ^ 

5 Item of value 

10 Fam. member fi 

13 Chorus member 

14 Vanzetti's 1 921 

co-defendant 

15 Brusque 22 gpjj 

16 Vodka drink — JK 

18 Bradley or 27 

Khayydm 

18 Amount 

20 Certain Greek 
tetters 

21 Cantrell or sa w Iij 

Turner 1 

22 Swab 47 l^G 

23 TV newsman Kt 

Roger 51 52 

25 Lustrous fabric 

26 Ran when 

wetted gl 

28 Like Oliver's 
gruel ration g 

31 Tatter 

32 Make sense sa gUg 

34 Unremarkable — — — BO 

36 Bonkers « , 

38 Stein flower “ ‘ 

39 Revolving tray 

43 W. German city a 061 9® 

47 Fruit drink 9 Playthings 

48 Leaked slowly 

so Cast it Teheran native 

predecessor ia0dd 

51 ” ide . w _ IS Soft drink 
53 Nanny s baby noahe.e.g. 

22 Yuppie's deg.? 
ssKranepoolwas uu S am 

56 A Fitzgerald “SSty 

57 A First Lady's ** 

monogram 29 TVs Rockford 

59 Kind of column 30 .rr - ” 


WEATHER 


DENNIS THE MENACE 


New York Times, edited by Eugene Malesha. 


EUROPE 


Algarve 

Amsterdam 

Athens 

Barcelona 

Belgrade 

Berth) 

Brussels 

Budapest 

Co pen haven 

Casta Del Sol 

Dublin 

Ednburati 

Florence 

Frankfurt 

Geneva 

Helsinki 

Las Palmas 

Lisbon 

London 

Luxembourg 


Revklavlk 

Rome 

Stockholm 

Strasbourg 

Venice 

Vienna 

Warsaw 

Zurich 

OCEANIA 

Auckland 

Sydney 


HIGH LOW 
C F C F 

24 75 19 66 cl Bangkok 

20 68 8 46 Ir Belilnp 

25 77 15 S» fr Hone Kano 

24 75 17 63 Cl Manila 

20 68 6 43 cl New Delhi 

19 66 6 43 tr Seoul 

21 70 9 48 fr Shanghai 

20 68 5 41 (r Singapore 

17 63 8 46 fr Taipei 


HIGH LOW 
C F C F 

32 90 26 79 r Anchorage 

18 64 12 54 sh Atlanta 

30 86 25 77 Ir Boston 

32 90 26 79 St Chicago 

35 95 24 75 tr Denver 

25 77 15 5« Ir Detroit 

25 77 21 70 o Honolulu 

35 95 30 86 a Houston 

29 84 29 84 a Los Angeles 

22 72 IB 64 o Miami 

Minneapolis 


fr Seattle 
_ Toronto 
0 Washington 


28 82 If 66 fr Tokyo 22 72 IB 64 o Miami 

14 57 11 52 r . r „.„ . Mlnneopol 

13 55 7 65 r A FRICA Montreal 

« W 12 « n Atokr * 31 88 22 72 a 

» 2 !i « 2 Cape Town 19 66 13 55 sh y , _ y ° r * 

5 2 « Casablcnen IS 77 17 63 d g"?™* 

78 R2 70 61 fr MOrnr ’ 30 86 15 59 tr 

28 B2 7u m tr | nom aq Toronto 

» “ " « ► N«l^t)l 13 55 a SSJ* 

16 61 10 a a Tunts 29 B4 ib 64 cl MIDDLE 

3 “ S g ,r 0 LATIN AMERICA 

7 *5 o BoefllJS Aires 18 M 12 54 o Ca irn 

is g* in so n Coracos — — — — no Damascus 

24 75 16 61 cl U,TM 19 46 14 57 0 Itfanbul 

13 55 B 46 a Mexico City 22 72 14 57 cl Jerusalem 

18 64 10 a cl Ain de Janeiro 23 82 20 68 tr TelAviv 

'! tj » ci-cioud*:fo-»ocgvilr-folr:tHwll;o-overcast;( 

26 79 16 61 2 ih-showers. sw-snow; st-stormv. 


NORTH AMERICA 

HIGH LOW 

C F C P 

Anchorage 9 48 4 39 d 

Atlanta 21 70 10 a fr 

Boston 15 a 9 48 r 

Chicago 10 50 I 14 pc 

Denver 13 S5 S fl d 

Detroit 11 52 3 37 d 

Honoialn 31 88 23 73 PC 

Houston 26 79 12 54 fr 

Los Angeles 26 79 17 *3 pc 

Miami 32 90 25 77 pc 

Minneapolis 8 46 -2 21 pc 

Montreal 10 a 2 36 C 

Nassau 30 86 24 75 fr 

New Tor* 15 59 9 48 d 


San Francisco 21 70 14 57 pc 


19 66 14 57 

12 54 3 37 

20 68 10 SO 


79 B4 18 64 cl MIDDLE EAST 

. Ankara 16 61 12 52 


7 45 o Boanos Aires 18 64 12 54 o Cairn JU » <1 m ir 

u g in n a Caracas — — — — no Damascus I 14 fr 

24 n 16 61 cl Urna 1* 66 14 57 o Istanbul 21 70 15 a d 

13 55 B 46 o Mexico City 22 72 14 57 d Jerusalem 25 77 16 61 d 

18 64 10 a d Ala de Janeiro 23 82 20 68 tr TelAviv 29 84 19 66 tr 

’! ** \ Jl d-ctoudv; to-toggv; lr-fa|r; twwll; o-overcost; oc-partiv doudv; r-raln; 

26 79 16 61 d sH-thowers. sw-snow; st-sformy. 

14 St 6 43 cl 

!’ 5* " ® g WEDNESDAY’S FORECAST — CHANNEL: Rough. FRANKFURT: Cloudy. 

’ “ l 7 s y Temp. 16 — 9 >61 — 48) London: Showers. Toms. 15—12 (59— S4|. 

M 0 44 fr MADRID: Fair. Temp. 23 — 12 (73 — S4l. NEW YORK: Partly doudv. Temp. 

19 46 5 41 fr 15— 7 ia— 451. PARIS: Raia Temp. 16— 10 141— a>. ROME: Fair. Temp. 

14 a 10 a sn 25— 10(77 — ai. TELAVIV: Notavailoole.IUSiCH: Ocud/.Temo, 16 — ♦ ... . _ — . . 

141—48). BANGKOK: Thunderstorms. Tema 22 — 26 (90 — 79). HONG 'Mo WUll QOU lAUCT BP DDCTIV flfTlI All U1C. RiQy' 

— KONG: Fair. Temp. 28 — 24 (82 — 75). MANILA: Thunderstorms. Temp. «IK.V*lL3Uri ArIL&l DErNCIIT /1U. IH& QnoT 

18 44 14 57 d 22— 25 (90 — 77). SEOUL: Foosr/. Temp. 26— 15 (79 — 59). SINGAPORE: PimlCPQ ABF IKl Ri kTXC AWTIUUUtTP * 

35 9S 22 72 tr Fair. Temp. 33 — 22 (91 — 721. TOKYO: Foggy. Temp. 22 — 17 (72 — 63). r»v.i rva-lie WVh PWJ wni| U. 


30 B6 29 84 fr 

X 86 — — »r 

2) 70 15 a d 

25 77 16 61 d 

29 84 19 66 fr 


d-cioudv; fo-tosgv. ir fair; h-haii; o-overcast; pc-partir doudv; rnuln; 
sh- showers, sw-snow: st-sformy. 



k 1 1 - i 


MANAGER 

BY SHB?RY BUCHANAN. 

IN THE 1HT EVKY THURSDAY. 
ESSBsTTIAL READING FOR 
EXECUTIVES WORKING IN 
THEINTB^NATO^IAL i 
MARKETPLACE * 


THAT SCRAMBLED WORD GAME 
g by Henri Amok) and BoD Lee 


Unsoamble these four JumtKas, 
one letter ro each square, 10 fomi 
lour onhnary words. . .... . . 


YUSHK 


COAME 


FLYJOU 


THELAH 



WHEN A C OWAKP 
GETS INTO A "JAM," 
YOU CAN EXPECT 
HIM TO POTHJS. 


Now arrange the circled letters to 
form the surprise answer, os sug- 
gested by ttw above cartoon. 


(Answers tomorrow) 


Yesterday's 


Jumbles: CURVE BERTH ENZYME HARROW 
Answer What the male s hee p shouted In ordar to get 
Ns mate's attention- “HEY, EWE" 


PEANUTS 

I can't HELP THINWN6 
THAT THIS WOULD BE A 
BETTER UJ0RLP IF EVERYONE 
UlOULP LISTEN TO ME., 




ANDY CAPP 


MAYBE U'E COL'LCT 
vARRANeE IT... J 



TO fc=7 THEA\ ALL ' 
IN ONE ROOM ..I HATE TO 
S^5AY THIN65 TWICE.. J 


61 Wildly amusing 
one 

62 Apple dessert 

65 Poker-pot 
builder 

66 Cat-farm ly 
merrdaer 

67 Forefather 

68 * 

Mis&abies’ 

69 Down at the 
heels 

70 Specialty of 56 
Across 

DOWN 

1 Curie's milieu 

2 Everything 
counted 

3 Bent over 

4 Lampblack 

5 Sanctuary 

6 Houston or 
Snead 

7 Sheridan’s "The 
School for 


Wayne film 
33 Wild West band 
35 Quip 

37 Fast Eddie's 
stick 

39 Football pass 

40 Sweet girt of 
songdom 

41 Fanatics 

42 Ratify 

44 Middle East 
language group 

45 Sister of Orestes 

46 Snood 

49 Fine; tender 
52 Surfeit 
54 Gang 
57 Rudiments 
56 Buffalo's lake 
60 “The 

Untouchables" 

hero 

63 United 

64 Hitherto 




W>?! 


m 



I THINK I'LL START 
X- USING THE -< 
LB'JWNG LIBRARY... 


REAL. LIFE SEevlS TO 
■»_ HAVE NO PLOT, — - 




BLONDIE 

BE ON TW5 AlEKT 
~ TOMORROW , ^ 





( I'M GOING TO 

^j^OVEaSLEeP 


rl 5j 

im 

If/SC, 


Af 10 :'LL 3S TSARifiS CUT C= 
MERE LIKE A CAWNCNSALL 

' — — ■ v r'-^2i 

& 

1 ^4.1. «i*. — =- — - / 73f-\' 


I MO ELSE PLANS 
L. OVSSSLEEP1NS 
IN ADVANCE ? 










WIZARD of ID 


~ ~ ^ 

/ PIPtoU 
/ KWlHAr 
f &&UAO* 
BY 

i no&s? . 


loo zmuf'fe 

te&H AH &KIMO, 

£OPH&(- ^ 


\ jse* 




1 umx&m 

AIW&OH 

L\ rout \av> [ 








BEETLE BAILEY 


REX MORGAN 


SIDES, I DONT know WHy EVERV- 
ONEJS MAKING A BIG PEAL OF IT' 


Solution to Previous Puzzle 


SQDQ EJUULJ □□□□ 

□oaa aBmiEDa mmaa 

HE31UEI QQQDQ QHQQ 

□aa oaaa aaiaaaa 
lkbqqq [naaain 
saciaaa qqhq □□b 
aataaBB oiaa Giaaa 
□□oh □□[□□□ dans 
aaaa aaa acianna 

□aaoD aaaaa 
03B0BQ nans QJQS 
□ana aaosa aana 
bbibb aanaa aaaa 
aaaa aaaa aaan 









































it 


\ 


\ 




V-M*, l*,* t 

.«> *v. 

IS » 


3*Mi 




* -G7 


** 


PTTERNATIOWAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 


Page 19 


SPORTS 


*Wt. 

31 

PH 


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y*ie 

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f’wr 
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3ft ■ • 

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:• AX . 

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of the 

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t «3 t ... i 

EFS 

to fcV 


mp ** v " 

*4 Mm • .. 

*34 - 1-. 

Oiail 

• itnr 

Ulku. 


Hi . 

^ ” 




Crippl- 

By Joseph Durso 

A'ew font 7bms Jfcrrtce 

-LOS ANGELS — The New 
York Mets streaked into town 
Monday after winning 29 of thdr 

iaa 36 games and were installed as 

S°M fcrorite over the crippled 
Los Angeles Dodgers to wm then- 
second National League pennant 
m three years. 

‘ They conceded, however, that 

thp first hurdte in theplaycrff wonld 

he the tallest On Tuesday night 
day were to face Ord Hcrshiser 
who ended the season with a re- 
c ord-br eaking 59 scoreless innings. 
Hcrshiser hasn’t given up a inn 
■since he gave up two in the fifth 
Afoing of a game Ana. 30 against 
pDae Expos m Montreal 
' But the Mets said that while they 
respected him as a gifted profes- 
sional, they did not fear him. H Orel 

Herchisex isn’t my problem,” said 
Dwight Gooden, who was to pitch 
the opener for the Mets. “The 
Dodger hitters are the guys Tve got 
to beat. So I can’t really dwdl on 
what Henhiscr has done. He's 
done a great job. It’s awesome — 
six shutouts in a row. Bm be won’t 
beat ns by himself." 

“I don’t fed any extra pressure,” 
Herehiser said. *T fed less. If I give 
up a ran or two or three, the so- 


called streak probably won’t be 
wer. anyway. He league office 
tdls me that the streak is intact 
until next season, whatever hap- 
pens in the playoff or World Series. 

“Game I is Game 1. It’s an atti- 
tude-adjusting game. A lot will be 
read in ton. If the Mets win, people 
will say the Mets won 10 of 11 
against the Dodgers this season 
and are continuing their domi- 
nance. But the Dodgers won’t quit. 
Well fight back." 

If so, the Dodgers would be 
forced to fight back with a sore beset 
lineup. And Manager Tommy La- 
swda has given no indicaiian that be 
expects any miracles. The casualty 
hst is long and prommeai: 

•Kirk Gibson, the regular left 
fielder and most dangerous hi tta on 
the d ub, was still limping with a 
strained left hamstring wntarif. He 
hit .290 with 25 home runs fear a 
team somewhat short of power. But 
Lasorda said: “Gibson wul be in the 
starting lineup if he’s breathing.” 

• John Tudor, his best left-hand- 
ed pitcher, suffered spasms of the 
right hip and will skip his start in 
Game 2 on Wednesday, he'll wait 
until Game 3 in New York mi Fri- 
day night. Tudor has received an 
anti-inflammation injection, but 
Lasorda said that “he tried throw- 



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Gregg Jefferies, a 321 hitter for Ms month in the major leagues. 


who was supposed to pitch Game 
3, still seems fiat ana tired and 
perhaps won’t start nnril Satur- 
day’s Game 4. He pitched 100 in- 
nings in the Mexican Teague last 
winter and 228 wming* in the Na- 
tional League this season. 

■ Fernando Valenzuela, a Dodger 
legend for eight roi i w ie m . doesn’t 
Ted strong enough to pitch Trmd i 
after speeding two months on the 
disabled list with a strained left 
shoulder. Lasorda had considered 
using him in relief or perhaps even 
as a surprise starter, but decided 
Monday to drop Valenzuda from 
the playoff roster. 

Confronted with the collapse of 
his pitching staff, Lasorda mm te 
some last-anon te changes: Tim 
Bdcher was moved up to start the 
second game instead of Oa wn> 4 in 
place a? Tudor, who was moved 
back to the third game in place of 
Leary, who was moved back to the 
fourth gmift in place of Belcher. 

Also, Ricky Horton, who has 
been hit hard since the Dodgers 
acquired him in August from the 
Chicago White Sox. made the play- 
off roster as a left-handed relief 
pitcher. Dave Anderson, a utility 
mfiddex suffering from a back 
sprain, was dropped. Jose Gonza- 
lez, a reserve outfielder, was added 
as a pinch- runner and glove man 
for the late mumps 
By contrast, the Mets ap- 
proached the playoffs robust m 
form and spirit. Half a Anmn play- 
ers were nursing head colds, and 
Keith Hernandez was still treading 
tightly on his hamstring muscle, 
which was lorn four months ago. 
But otherwise, they were sound. 

Manager Dave Johnson said be 
would open against Hershisar with 
his customary left-handed lineup, 

Jefferies,*who hit 
month after joining the Mets from 
the minor leagues, would start at 
third base, and Moolrie Wilson, 
who ended the season hitting 296 
after a five-week splurge that began 
in L06 Angeles in August, would 
start in center field. 

To fit them into the lineup, How- 
ard Johnson was moved from third 
bare to shortstop, and Kevin Elster 
and Lenny Dykstra were moved to 
the bench. But Johnson said he 
would find work for them and for 
Tim Teufel, who will start at second 
bare against left-handed pitchers. 

Blit how would the Mets cope 
with Orel Hcrshiser and iris zeroes? 

“We have an explosive ball 
dub,” Johnson said. “If Orel Her- 
shiser makes a mist^ka well hurt 
him.” 



Orel Hersfeer. “Game 1 is Game 1 — a lot will be read into it’ 


Banks Catch Met Fever 

New York Times Swice 

NEW YORK — As the National League playoffs approached. 
Met fever reread to the financial industry. 

On Monday the Manufacturers Hanovw Coip. announced a New 
York Mets-hnked Mastercard. Besides getting a credit card that 
sports the Met logotype, cardholders win be eligible for sweepstakes 
prizes that include a trip to the team’s spring training camp and the 
use of a Shea Stadium box. 

National Westminster Bank USA is also trying to capture some of 
the magic. It will cm its interest rales on auto, personal and home 
improvement loans by a quarter of a pant each time the Mets score a 
postseason victory, tqj to two percentage points. 

Prudential-Bache Securities Inc. may hare come up with the most 
unusual angle of afl. Its senior economist, Deborah Johnson, says she 
can forecast interest rates using Met pitching performance. 

Since 1986, she said, the team’s eamed-nm average has closdy 
tracked the yield on 30-year Treasuiy bonds. In 1986, when the Mets 
gave away few runs, rates were low. Injuries and suspensions plagued 
the team last year, and yields soared m the rering of 1987. Now the 
Mets have die lowest EKA of any team in the major leagues. 

If they keep this up, Johnson said, interest rales could fall to 8 to 
8J percent by year's end. 


By Thomas Boswell 

Washinpcn Pm Service 
WASHINGTON — If you ana- 
lyze the Oakland- Boston playoff 
series like a chilly gambler, it’s a 
walkover for the Athletics. Viewed 
that way, the American 
championship series, which starts 
Wednesday m Boston, is a show- 
down between a bandy good team 
that won only 89 games and a near- 
ly great one that won 104. 

But if you look at it like a baseball 

manager or player might — a se- 
quence of specific pitching mat - 
amps with heavy emphasis on who's 
hot lately — then you can’t wait for 
it to begin. If the Red Sox can start 
wdl at home behind Brace Hum 
(18-6) and Roger Clemens (18-12), 
they can pSfer a pennant. 

Overall, the A’s are a little better 
at emaryihing — offense, defense, 
pitching and base running. The 
Red Sox scored a few more runs in 
1988, bm only because they played 
in cozy Fenway Park. 

The real offensive edge lies with 
Oakland’s sluggers, who make Fen- 
way fed tike a phone booth. The A's 
outhomered Boston, 13-1, in win- 
ning this year's season series, 9-3. 

Yet all that may not be a prohibi- 
tive advantage. The Red Sox will 
probably have the better starting 
pitcher in each of the first three 
games , and pitching is Boston’s 
trump card. 

Hurst, Clemens and Mike Bod- 
dicker (a reborn 7-3 after arriving 
from Baltimore) are the equal of any 
three-man rotation in this post-sea- 
son, and that’s saying plenty. 

Left-hander Hurst was 13-2 in 
Fenway; he’s 11-5 against Oak- 
land. His Game 1 foe will be Dave 
Stewart (21-12), who showed di- 
minished fire after an 8-0 start 
Pitching Game 2 for the A’s will 
be Storm Davis 06-7), who will face 
the heart of die Red Sox: Clemens, 
the Bob Feller of his generation bm 
in a tired-arm semi-slump. Manager 
Joe Morgan hasn’t done much 
wrong, bm he left Oemeos in far too 
long in back-to-badt August starts, 
and the price has been dear. 

Bodd&ker has the curvebaQ and 
change^ needed to survive against 
Jose Canseco. Mark McGwire, 
Dave Parker, Dave Henderson and 
Carney Lansford. His oponent in 
Game 3 in Oakland wifi be Bob 
Welch (17-9), who on paper looks 
like the A’s best at tire moment 
If this were a 162-game series, 
Oakland's five-deep bullpen and its 
better spot starters would be im- 
portant Tnctead, T Vrniis Eckersley, 
the former Red Sox with 45 saves, 
and Lee Smith, the man who found 
Dkk Radatz’s body, will be paired 
off in save situations. 


At a glance. Oakland's loo good: 

• A half-dozen sluggers against a 
half-dozen good batsmen. 

• Eight or nine quality pitchers 
against five or six. 

• Plenty of speed and defense 
against barely enough. 

• A balanced team that barely 
notices where it plays against a bad 
road team that hares defending the 
vast outfield spaces in Oakland 

• A rested juggernaut against a 
team that lost five of its last six and 
didn't clinch until the final weekend. 

Still The A's are a young, confi- 
dent team with no psychological 
baggage. But in the last dozen years 
it’s usually been older teams — 
teams more embittered or more 
frightened — that have done best in 
October. Core veterans like Dwight 
Evans, Wade Boggs. Marty Barrett, 
Rich Gedman and Jim Rice can tell 
hot kids like Mike Green well and 


• • 


Ellis Burks how much it means to 
atone for The Thing in 1986. 

Thai Oakland is the better team 
may not help Uany more than it did 
the Blue Jays and Cardinals agninat 
the Royals in '85 or tire Tigers and 
Cards against the Twins in *87. 

Red Sox teams seem to play best 
when they are such underdogs that 
the word “choke" can't be applied. 
These Red Sox have nothing to lose 
and plenty to prove. 

Nobody in baseball doubts that 
Oakland could win this playoff in a 
hurry. But if the battle goes back to 
Boston, where the Red Sox would 
have the same undeserved home 
field advantage that aided the Twins 
last year, the forces of history and 
emotion could be center-stage. 
Then. Hurst. Ckanens and Bod- 
dicker, who have all proved magnifi- 
cent under October pressure, may 
have an edge over Stewart, Welch 
and Davis, none of whom have. 



ThAaocWhot 

i k McGwke, a stagger who makes Fenway fed Ste a phone booth. 


SCOREBOARD 


FOOTBALL 


NFL Standings 


BASEBALL 


Playoff Comparisons 


* i } 


AMERICAN CONFERENCE 


Vu'. 


i\ ill:*' ‘ 




1 

i 

East 

W It 

T 

Pet PF PA 

Buffalo 

4 1 

0 

JW 77 82 

N.Y. Jute 

3 1 

1 

-700 I05 41 

Miami 

2 3 

0 

■400 74 02 

Now England 

2 3 

a 

.400 75 HQ 

Indianapolis 

\ 4 

Central 

0 

200 76 91 

Cincinnati 

5 0 

0 

7200 135 88 

Ctevekmd 

3 2 

8 

400 72 74 

Houston 

3 2 

0 

400 112 732 

Pittsburgh 

1 4 

west 

0 

200 W2 127 

Seattle 

3 2 

0 

■680 N 99 

Denver 

2 3 

0 

400 TOD 74 

LJL Holders 

2 3 

0 

480 127 145 

San Dicge 

2 3 

0 

400 57 99 

Kansas CITY 

1 3 

1 

200 71 91 

NATIONAL CONFERENCE 

Bait 

W L T PO. PF PA 

BLV. Giants 

3 2 

0 

.600 111 118 

Phoenix 

3 2 

0 

400 129 110 

Danas 

2 3 

0 

400 91 90 

Phuadefohki 

2 3 

0 

400 120 106 

Washington 

2 3 
Central 

0 

400 111 120 

Chicago 

4 1 

0 

JM 104 60 

Minnesota 

3 2 

fl 

400 107 71 

Tonva Bav 

2 3 

0 

400 87 118 

Dot rad 

1 4 

0 

200 78 93 

Green Bav 

0 5 

W mil 

0 

JDOQ 64 122 

LA Ram* 

4 1 

0 

MB MS 106 

New Orleans 

4 1 

0 

400 It? H 

San Francisco 

4 1 

0 

400 129 104 

Atlanta 

1 4 

0 

200 112 134 

MOMavft Rest* 

New Orleans 38, Dallas 17 


NATIONAL LEAGUE 
ova ab r 
Flnt Raw 

Stubbs, LA -223 242 30 

Hotelier. LA 293 191 22 

Hamtrau, NY 276 348 42 

Second Bom 

Sen. LA 577 432 TO 

Bachman. NY J03 2M 44 

Teufel, NY -234 273 35 

Shortstop 

.199 314 29 
,2X 495 65 
.214 404 41 
Third Ban 

■234 30V 34 
.249 TO 15 
.321 109 19 


Griffin. LA 
Joftnson, NY 
Elster. NY 

Hamilton. LA 
WtMdmn. LA 
jeflerte* NY 


TRANSITION 


* '■ 


t ; 


IT 

r 



. l r \ ' 

• I*. - • » ‘ 

IX 

• ».->-• • 

•V 3 a-’ "■ 
■ 

■ iir" 
*$->TT »'• ; 

„ ? 2 -v. ' 

? rt# ’ 

• • ’ A tf ** 

:: 4afcb»<-' 


Oct. 9 

Chlawa at Dotratl 
Indianapolis at Buffalo 
Kansas CHv el Houston 
Los Anwtos Rams al Attonto 
New Enonnd vs. Groan Bar (ot Milwaukee) 
New York Jots tf ClncKinatt 
Seattle al Cleveland 
Tampa Bov ot Minnesota 
Waahlnaton at Dallas 
Pittsburgh at Phoenix 
Denver at San Froneteco 
Miami at u» Angelas Holders 
New Orleans at San Diego 
Oct it 

New York Giants at PhUodeW*. 

Coflege Top-20 Ratings 

The Associated PresspoU (RrsMace vote*. 

records muon Oct 1. total potato based an 


1. Miami. FL (S3> 

- 1 UCLA <31 

2. Southern Cal (2) 

-A Auburn 

( ■ 5. Notre Dome 
I 6. Florida Slate 
• 7. West Vlrakito 
a. SoUto Carolina 
9. Nebraska 
ML Oklahoma 

11. demsan 

12. A latiama 

13. OMPbomo Slate 

14. Ftgrtda 

15. Georgia 
It Wyoming 
17. Michigan 
IS. Oregon 
W. washlngion 
2a Arkansas 

- The UPI board trf eocenes new 

'and HrsHBoce votes in parenHiesesj tend 
■fcoNH. Dated on IS ter tint ptoot, H tor sec- 
'oO.HC.v* hwt waek* raakloas):^ ^ 

2 

3 

4 

5 

6 


h hr rW 

54 B 34 
54 1 25 
96 11 55 

175 5 57 
» 0 17 
04 431 

63 1 27 
114 21 48 
17 937 

73 4 33 
O 315 
35 4 17 


Americ a n League 

BALTIMORE— Fired Terry Crawtev. bat- 
ting coach; Harm Sforretta, Pitch too coach.' 
John Hart. IMrd-basecaaA. and Minnie Men- 
doza. flrsf-Oase cnoeh. Waived Don Aassond 
Doug Sisk, ptfeters, (or the purpose of giving 
them thotf uncandHtmd release. Stoned 
Butch Davis, outfielder, to a contract with 
Rochester ot the international League. 

CHICAGO— Purchased the contracts of 
Ron Karkavloe. catcher, and Jose Segura and 
Ed WWna. Ditchers. 

CL-EVE LAND— Announced the resignation 
of Jeff Scott director of scouting. 

DETROI T P u r ch as ed the contracts at 
Dave Beard, ptttimvftom Tgldeoellhe Inter- 
national League, and Sham Holman, pitcher, 
tram Glens Faffs Of Itie Eastern League. Rein. 
stated Jeff Robinson, pitcher, from the ts-dav 
disabled list. 


Leltttold 

Gibson. LA J2TO 50 104 157 35 74 

Me Reynolds. NY 288 5S2 82 199 27 99 

Centarflete 

Shelby. LA .263 4W 45 130 10 44 

Wilson. NY .296 378 61 112 8 41 

Dvkstra. NY .270 09 57 116 8 33 

lUgMflBld 

Marshall LA 3T1 542 43 ISO 20 82 

Strawberry. MY JM 543 101 144 39 101 

Catcher 


Sclasclu. LA 
Carter. NY 

Shorperm, LA 
Demnsey. LA 
Hew* LA 
Davis, la 
G aiualez. LA 
looser, NY 
Magadan, ny 
L yons. NY 
ManJJIL NY 


.257 408 29 105 3 35 
JK2 455 39 110 11 44 


8 4 
7 30 
0 11 
2 17 
0 0 
1 17 
1 35 
0 11 
0 12 


Hershlpr, LA 
Tudor, LA 
Belcher. LA 
Leary, LA 
Cone. NY 
FernncU. NY 
Gooden, NY 
Darling. NY 

Ho iton. LA 
Pena LA 
Orosco, LA 
Horton, LA 
Leach. NY 
McDwil NY 
McClure. NY 
Aguilera. NY 

Howell LA 
Myers, NY 


211 B I 
251 147 25 
•242 149 14 
.194 281 29 
JU » 7 
JB5 123 9 
m 314 39 
.231 91 5 
.147 116 9 
starting Pitcher* 

w I eras* to bbb so 
21 8 224 1 200 20873178 
10 B2J2 0177218941 87 
12 6221 4179214151153 
1711231 022X2 201 54180 
30 3222 0231.117880713 
U10X03 01878 12770189 
18 9X19 0248.124257175 
17 9325 02402 218 40T61 
Reliever* 

7 3 1 JO I 842 4924 49 

4 7 121 12 941 7527 83 
3 2272 9 5X0 4130 43 

1 1380 0 98 11 2 8 
7 2254 3 928 9524 51 

5 524314 898 8031 44 

2 3540 3 308 35 8 19 
0 4423 0 242 2910 M 


5 320821 458 4421 70 
7 312224 488 4517 49 


Record 

pn 

Pw 

44H) 

l.WJ 

1 

440 

1408 

2 

44M) 

1437 

3 

44)4 

W 

4 

44M) 

910 

5 

4-1-0 

778 

a 

54H) 

751 

7 

5-04 

732 

8 

4-14 

692 

9 

3-14 

604 

10 

3-14 

S74 

11 

344 

501 

12 

344 

485 

13 

5-0-0 

424 

17 

4-1-0 

395 

15 

3-041 

237 

18 

3-3-0 

196 

19 

40-0 

132 

20 

3-1-0 

128 

14 

444 

82 

— 


LOS ANGELES— Pureamed the contracts 
ot George Hinshow.outftekler; John Gtttoans, 
cntcher^Md Ray Seans* Pitcher, from Albu- 
auorque of the Pacific Coast League. 

PHILADELPHIA— Named Nick Leyva 
onager. Traded Lance Parrish, catcher, to 
Cafifamla tor David HoMrfdgn pitcher. 

PITTSBURGH—' rrodM Jim mutineer, 
pitcher .to Las Angeles far BUI KnteBer .pitch- 
er. Stoned Junior (Mix. catcher, to a iwo-year 
c en tin ct . Purchased the contra c t of Dave 
Johnson, pitcher. Signed Bern!* Tafts and 
Tom Romano, outfielders; Kevin Davis, 
short s to p , and Dom Taylor and Bob Patter- 
sen. pitcher*, to minor league contracts. 

BASKETBALL 

NaHeanl Basketball Asso chd toa 

LA. LAKERS— Signed Byron Scott, guard, 
to a five-year co n tract . Stoned Mark McNa- 
mara, center, aid Kannord Johnson and Scott 
Moenta, forwards. Invited Jeff Lama, guard, 
to training comn. 

NEW YORK— Named RaMi wmard assis- 
tant coach. 

PHILADELPHIA— Traded file draff rights 
of Everefte Stephens, guard, la Indiana for 
Ren Anderson, guard-forward. 

FOOTBALL 

Nat i o n al Football League 

DETROIT— Signed Rusty HUser, ouarfer- 
hoefc. 

HOCKEY 


AMERICAN LEAGUE 

avg aft r b hr rbi 

First Base 

Bend near. Bos 254 405 47 103 M 70 

McGwire. Oak, 240 SM 07 143 33 99 


1. Miami M-01 U3J 
£ UCLA (4-0) 14) 

X Southern Cal (AW 
A Auwim (4-0) 

5. Notre Dome (M) 

6. Wed Virginia (Ml 

7. F tor too Stole (4-1 ) 

B. South CoroUoa (54) 
9. Nebrodw (4-1) 

^ 10. OUahamo IMJ 

f *11. Florida 15-0) 

. H demean (3-1) 

•IX Oklahoma State (34) 
K Aktopma (Ml 
11 Gcaroto (4-1) 

14. Wyoming (54) 

17, Arkansas (44) 

18. Oregon (44) 

M. Washington Oil 
XL Michigan 1321 
(r ooraokwi ) 


729 

67» 

614 

557 

525 

4W 
408 8 
388 7 
329 9 
249 10 
1« )5 
184 n 
183 14 
M W 
94 U 
57 18 
33 W 
30 * 
» 17 
12 1* 


BOSTON— Selected Aftdv Brtektey, center, 
thorn New Jersey In the vtolver draft. 

8UF falo— A cquired Wayne Voti Dora, 
(eft wtna. tront Pittsburgh tar future canskler- 
ofUte). Selected Steve Smith, defensenun 
From Calgary in the wahmr draft. 

CALGARY— Seat Rkft Oiernamaz and 
Thearen Floury, wtoos; Stu Grhnsan and Paul 
Ranfieim. left wines; Dow Reiers o n, Chris 
Btattl and Rlek Haywora dttengteiHft. to Soft 
Lake of foe international Hockey League. 

EDMOHTOH—fia&KtedXanHuminoniLde- 
(enj eowv from Los Arigeles an d Poua Smith, 
center, from Buffalo In the waiver draft 

LOS ANGELES— Jtm Hoffard. defensu- 
(aon. from Buffalo and Date Degroy. defense- 
man. from Taranto In the waiver draft. 

MINNESOTA— Selected Stewart Gavin 
rt Tom Martin. Left wings.ftem the Hertford 
Whalers, and Ken Lefter, detenoomon. from 
the N.Y. Wenders In tht waiver draft. 

. N.Y. RANGERS— D i l e O OdCnrfg Redmond, 
defensemen, fram Edmohtan Ln the waiver 
draff. 

PHILADELPHiA a e t e cto dOau eS ull lm teXi 
rtgM wti» tram New Jersey In the waiver 
draft. 

PITTSBURGH— Selected Steve Dvtatra, 
U e (e m« tnoa, and Dove Hannon, center, fhxn 
Edmonton and Jay CouHfoM. deieraeman. 
tram Mtanesata to iho waiver draft- 


Barrett, Bos 283 612 83 173 1 45 

Hubbard. Oak 2SS 294 35 75 3 33 

n u IiI m 

Reed Bas 293 338 40 99 1 28 

Weiss. Oak 250 452 44 113 3 39 

TWfd Base 

Boggs. Bm 244 584 128 214 5 58 

Lansford. Oak 279 554 80 155 7 57 

LefifleH 

GreenwvU. Bos 225 Sta 84 192 22 in 

Potonia. Oak 292 288 51 84 2 27 

Javier. Ook 257 397 49 102 2 35 

CntarfiM 

Burks, BOS 294 540 93 159 18 92 

Henderson. Ook JIM 507 WO ISC 24 M 

RtoMfleto 

Evans. BM 293 599 96 164 21 111 

Conseco. Oak 287 610 MO 187 42 124 

Catcher 

Cerone, Bos 249 344 31 71 3 27 

Gedman, Bos JB1 299 33 49 9 39 

SteMxKh. Oak 24$ 351 <2 93 9 St 

Money. Oak 257 323 32 83 7 45 

Destaobted Hitter 

Rice, Ba* 244 48$ 57 128 IS 72 

Parrish, Bas 2)7 404 32 88 14 82 

Parker. Ook 257 877 43 97 12 B 

Barter. Oak 220 244 28 51 7 31 


Owen, BM 
Romero, Bas 
Romlne, Bas 
GoJIeoo, Oak 
Phillips. Ook 


Stewart. Ok 
Welch, oak 
Daub. Ook 

C-Yeng, Oh 
demons. 8s 
Baddckr, Bs 

Gardner. BE 

Hor«. Bet 

Codoret, Ok 
pumft. Oak 
Neteen, Ook 
Burns, Ook 
Honvdl, Ok 
Stanley. Bas 
Lamp. Bas 
Baftoa Bas 
Belters. BPS 
SraltteEn. Be 

Ecfcrstv. Ok 
Smith, BM 


249 257 40 64 518 
M IS i « I S 
.192 78 17 15 1 6 
209 277 38 58 2 20 
203 2T2 32 43 2 17 
Startina POdnn 

■ I erasv to h hb so 
2112321 02752 24) IW 192 

17 9144 D 2442 237 11158 
16 7378 Q20L2ZI1 91127 
11 0414 tmilfi 50 69 
181222] 02442217 62291 
1315X39 02340216 77154 
8 6350 21492119 44106 

18 6324 02142222 |$U6 


Saints Beat 
Cowboys on 
Kick at Gun 

Compiled by Our Staff From Dispatches 

NEW ORLEANS — Morten 
Andersen’s 49-yard fidd goal as 
time expired Monday night gave 
the New (Means Swots a 20-17 
National Football League victory 
oyer Dallas and exorcised a pair of 
gridiron demens that have haunted 
the Saints for years. 

The last-second victory was only 
the Saints* second triumph over 
Dallas in 13 meetings and its first 
since a 24-14 decision here on OcL 
17, 1971. It also was only the seccmd 
tiare in eight tries that New Orleans 
has won a Monday xxigjbl game. 

No wonder the game-winning 
tide and the resulting celebration — 
which included an 00-fiehl dance by 
ream owner Tom Benson before a 
Superdome crowd of 69,134 — left 
Andersen a little addled. 

“ Ratio n — pure joy," said An- 

dersen, who jumped up, punched Ms 
fists into the air and boogied briefly 
an the addine. “I didn’t believe 
wtfd get it down there dose enough. 
I don’t know how long it was, but I 
think it went over the crossban It 
freaked me out I thought we were 
going overtime.” 

Andersen, a native of Denmark, 
is the most accurate kicker in NFL 
history, having made 80 percent of 
his fieM goal attempts during a 
seven-year career. 

The victory was the fourth 
straight for New Orleans after a 
season-opening lass to San Fran- 
cisco. D allas mopped to 2-3. 

Andersen’s fidd goal came after 
Rjoger Rnzek of Dallas had kicked 
a 39-yarder with 24 seconds left, 
tying the puma at 17-17. Rnzek had 
missed from the same distance with 

l-TJ. T Emainfng , the bail hitting the 

tefi upri ght and bouncing bacL 
Md Gray returned the ensuing 
kickoff 39 yards and Bobby He- 
bert, who completed 17 of 37 

passes for 273 yards and two touch- 

dowas, threw 26 yards to Brea Per- 
rinum to set up the winner by An- 
dersen, whose 27-yarder in the 
third quarter had given the Saints a 
17-Wiead. 

“That was a game, wasn't itT 
said Jim Mora, the winners’ coach. 
*Tt was a game of Ing plays, and we 

had themt pne." 

Hebert threw TD passes of 7 
yards to Loazefl Hill in the first 


Soviets: Enduring Form of Grand Masters 


5 2 UP 3 712 40 

7 3X00 5 780 62 

9 6304 31112 93 

8 23.14 1W2 93 

3 2 340 7 792 74 

4 4X19 51012 90 

7 6148 0 822 92 

1 3425 1 3X1 35 

1 7481 0 852 89 

9 6 537 012*2149 
Stopoort 

4 222545 722 52 
4 522029 832 72 


34 65 
39 79 
38 67 
84 57 
25 47 
29 57 
19 49 
14 2ft 
54 70 
37 73 

11 70 
37 96 


second. The Dallas scores came 
rre passes of 13 and 14 yards from 
Steve PeHner, who completed 23 of 
35 passes for 271 yards, to Kdvin 
Martin, who had nine catches for 
95 yards. 

“We had a great chance to go into 
overtime,” said Tom Landry, the 
Cowboy coach. ‘The ball mt the 
crossbar [on Rnzek’s fidd goal try] 
and we gave than a fidd goal We've 
had a lot erf tough breaks. We could 
easily be 5-0.” (UPI.AP) 


Fntcmmonal Herald Tribune 

SEOUL — It has taken Soviet 
soccer players a long time, but final- 
ly they are grand masters of pacing a 
major toumameoL 
The Olympics ended with not one 
m ara tho n but two. In the same way 
that Italy’s Gdindo Bardin judged 
his finish to come from behind and 
beat two Africans, the Soviets 
{moved their stamina in overhauling 
Brazil in the soccer final 
The Soviet Union deserved the 
gold. Brazil deserved stiver. And 

BOB HUGHES 

the rest, with the exception of the 
exciting Zambians, deserved what 
they got — the consolation of hav- 
ing been there. 

It was a brutal schedule: Six 
games to win gold, crammed into 
14 days, breaks body and mind. 
Added to that, the final and both 
semifinals went overtime. Yet, 
kicked cynically by I talian* and 
West Germans in -the sends, both 
the Soviet Union and Brazil had 
the will, wit and strength to enthra ll 
73,000 spectators. 

Soccer Hkes to remind Olympi- 
an: aTtbe* wotiI^Ncl* ? crowd at- 
traction. The total of 742,000 
watching 32 matches in Sooth Ko- 
rea seems heftOy beefed up, but 
there was no doubting tire full 
boose at the finale. 

Hie fervor was genuine Brazilian 
fans, as always, massed where the 
action was, bat a new feature has 
been the voluble ranks erf massed 
Soviet supporters —red flags flying 
amid Brazilian green and yellow. 
Show quality players that kind of 
att mtion and they'd have to be cast 
of stone not to respond 
There is a pleasing evolution 
among the Soviets that releases hith- 
erto regimented performers. We saw 
it, albeit without maidMo-match 
consistency, al the 1986 World Cup. 
We saw it the European champion- 
ship in June; where the Soviet Union 
lost tire final, as any team would, to 
tire Ne therlands 

A link between summer in Mu- 
nich and autumn in Seoul is Alexei 

Mikhaflirihcako. He is becoming 
the key Soviet player always pre- 
sent, always involved, always 
hungry — an Olympian, I would 
say, now that professionals, either 
of state or commerce, flaunt their 
wealth in five-ringed aides. 

Mikhtrifichenko passes die dope 
tests but, fra: the most innocent of 
reasons, I wonder how. He has such 
straogth and energy, such a marath- 
oner's way of chnttlmg among de- 
fense, mkffidd and attack. In South 
Korea, ire adopted two extra bur- 
dens: team leader and, when goals 
woraldn'i cram from forwards, rhiff 
striker. Time and again he sprinted 
50 meters (55 yards) and more to be 
there, in the opposition’s dangpr 
zone. He scored roe goals. 

No man bring an island, MHchai- 
lichenko found a male in Igor Do- 
brovolsku at 21 the rising sou erf 



Alexei Mfthaffldienfco: Strength, enetgy — tireless in shuttfing among defense, midfield ami attack. 


Moscow Dinamo. Dobrovolsld is 
dark where Mikhailichenko is 
blond, he is more ™w ing than 
flat-out; with dever spurts and ac- 
curate passes, he puts himself on 
Mikhilichenkns wavelength. 

The last time tire Soviet Union 
won Olympic soccer gold, in 1956. 


What is so appealing about the 
Soviets is their economic ose of the 
ball, an ability to wodc up to a 
crescendo and outstay the other 
team without doumess. A new free- 
dom exists within, and if it’s the 
result of peristroika, the benefits 
have come so swiftly that the desire 


Soccer likes to remind Olympians (especially 
sponsors) of its stature as the world’s No. 1 crowd 
attraction. The total of 742,000 watching 32 
matches seems heftily beefed up, but there was 
no doubting the foil house al the finale. 


a fellow called Lev Yashin first 
bestrode the scene. Yashin, the spi- 
der in hi ark became tire finest 

be m e ^^Km^sl^ J ^^ L sering 
another Soviet star in embrya 
A hiiti of his effectiveness comes 
with statistics. Dobrovolsld sup- 
plied the final pass far at least three 
of Mikhailicnenko's goals; and 
with a spymaster’s stealth he him- 
self notched six, indudmg a poial- 
ty against Brazil 
Yon do not Jffvt a second-in- 
command first strike at so vital a 
penally unless you’re sure of his 
nerve. The Soviets dufc Dobro- 
volski wrong-footed Brazil’s fine 

thefareTthat Brazil had led by a 
Romano goal turned the other way. 


must have been in Soviet soils, 
awaiting release. 

Such liberty is traditionally Bra- 
zil’s haHmaii, a trait sometimes de- 
scending into laxity. Not this team, 
not under the management of Car- 
los Silva. Although hamstrung by 
the constant absences of exiles in 
Europe and by a Brazilian soccer 
federation’s gun at his temple, Silva 
takes a middle road between flam- 
boyance and rigid methodology. His 
teams have order, but from tmdfidd 
forward they attack in familiar Bra- 
zilian fadrioa Even compared to tire 
Soviets, individual Brazilians excite. 

Romano, often alone op front, is 
a cheeky, stocky replica of Mexi- 
co's Hugo Sdnohez. Careca II is 
more physical, not always in full 
control of his power, but explosive. 


Brazilians still love to fed the 
ban, to caress it once, twice, three 
times. They do not themselves 
know when the burst will come, so 
bow can defenders pree m pt? 

They might have won the gold 
had they the Soviets’ ability to pace 
a contest — or had better luck. 
Aside from exiled stars, the (earn 
lost Valdo and Ricardo when Ben- 
fica bought them just before the 
Olympics. Benfica, biting the hand 
that supplies, was told that Valdo is 
suspended indefinitely until the 
dub explains to FIFA why it jeop- 
ardized Brazil's c hances 

A little wend, this, since Argenti- 
na, the reigning world champion, 
mocked the finals by fielding a 
wretched team shorn of European 
exports and of players from three 
dubs (Rosario, San Lorenzo and 
River Plate) denied their release for 
Olympic honor. 

Still, Brazil got by until it lost 
Geovani, the brains of the team, 
and his midfield aide Ariemfr Both 
were suspended after two yellow 
cards. 

IndisdpHne, in the final analysis, 
cost Brazil dearly. Maybe the medal 
was predestined for the Soviet 
Union, for since 1952 Olympic gold 
has only once escaped Fasiem co- 
rape ~ France winning m 1984, the 
Games the Soviet bloc boycotted. 

Now even the Soviets admit (hat 
boycotts win nothing. You can’t 
outlast challengers unless you start 
the marathon. 

Ikb Hi&a a on he uaff he Sari? Tarm 





INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988 



Page 20 


POSTCARD 


PEOPLE 


a School for Arezzo Martha Graham: Phoenix of Dance 

V .. . ■ ... _ • I 


Galbraith and Greene 
Honored by Moscow U. 


By Burton Anderson 

Special to the Herald Tribune 


A REZZO. Italy — As John Pad- 
sett headmaster of the Amity 


XV get t headmaster of the Amity 
School here, sees it: “Every child 
has his own Renaissance. It’s the 
environment be grows up in that 
shapes the whole human being.’' 

That is one reason why in the 
summer of 1987 he, his wife Marcy, 
and nine other teachers left the 
school they founded in California 
to bring, as Padgett puls it, “Amer- 
ican state-of-the-art special educa- 
tkra to a continent where it didn't 
exist" They chose Arezzo because 
they wanted to be in Tuscany, “sur- 
rounded by the Renaissance," and 
because they found the environ- 
ment they were looking for in a 
16th-century villa on the edge of 


this thriving provincial town. 

Hie schoofs basic program is 


designed for students who have 
been unsuccessful in what iheir 
teachers describe as “mainstream 
education.” This may be due to 
emotional or family problems, sim- 
ple lack or motivation, or in some 
cases, to drug or alcohol abase. 

The move to Europe was years in 
the making. The Padgetts began 
spending their summer vacations in 
Italy 12 years ago. “After two trips 
we felt we didn't want to go back,” 
she recalled. “We loved it here. The 
only thing we was not hav- 
ing our students with us.” 

So they decided to bring a group 
from the Cascade School in Whit- 
more, California, to Italy for two 
weeks each year. “We ended our 
trips in Venice with a candlelight 
ceremony in Piazza San Marco, 
where we talked about being citi- 
zens of the world,” said Padgett “It 
may sound corny, bat we could see 
bow Italy had opened horizons for 
them, exposed them to a civiliza- 
tion far beyond what they experi- 
enced in northern California.” 

Meanwhile, the Padgetts spent at 
least two weeks a year in Toscany 
seeking a buildin g. Their dream was 
not easily realized. Tve seen at least 


formed a partnership and took a 
lease on the Ooc binis ’ Villa La 
Strisda. That now houses the entire 
school, 20 students and 18 staff, 
though they have an option on a 
mansion nearby in case of expan- 
sion. In the spring of 1987 ihe fac- 
ulty began the move from Califor- 
nia, followed by a number of 
Cascade School students. 

As Mervm Maier. dean of admis- 
sions, recalled: “It was a leap into 
the unknown. We packed our 
worldly goods into a 40-foot con- 
tainer and didn't see them again for 
four months. You can’t imagine 
what we went through to dear that, 
or to get the legal papers needed to 
live in Italy and run a school. None 
of ns spoke fluent Italian, so An- 
toneUa fAntondla Arista Casa- 
grande, the first Italian to join the 
staff] served as secretary, interpret- 
er and guidance counselor for II 
frantic people. She was wonderful, 
like nearly everybody we’ve dealt 
with, so warm and hospitable. 
We've benefited immensely from 
the move, kids and staff alike." 


By Nan Robertson 

He w York Times Service 


N EW YORK — Martha Gra- 
ham sits m an airy mirrored 


IN ham sits in an airy mirrored 
studio in Manhattan, immacu- 
lately rntu\p; up, her skinned-back 
hair crowned by a wide floppy 
black chiffon bow that flares out 
over her pointed ears and some- 
how looks Eke Cleopatra's coif- 
fure. She wears Mary Janes on her 
famous fed and ch imb; of tur- 


quoise around her neck. Only the 
hunch of her back and arthritic 


a hundred villas from Pisa to Siena,” 
Padgett said. “There were some 
magnificent buildings, but there was 
always something not quite right. 
One place, far example, had 27 bed- 
rooms and one bathroom.” 

Then, in 1984, they met the Oc- 
rhmi, a noble family with several 
houses on hilly farmland a 10- min- 
ute walk from Arezzo's Piazza 
Grande. After the Padgetts con- 
vinced their California colleagues 
of Arezzo's attractions" they 


X HE Amity School has two sec- 

between 13 and^f^aoda boarcSig 
program for students who attend 
the American International School 
or college courses in nearby Flor- 
ence. The campus covers 80 acres, 
with swimming pool, tennis court, 
vegetable gardens (which the stu- 
dents tend), oiive groves and even 
vineyards for Chianti. In keeping 
with the anomalies of modern Ital- 
ian life, neighbors on the Via Cap- 
puccini include a Franciscan mon- 
astery and a Communist Party 
recreational center. The Villa La 
Strisda itself is a model of late 
Renaissance architecture, sur- 
rounded by a park with fountains 
and statues shaded by oaks, pines, 
cedars and cypresses — a classic 
Tuscan setting. 

Although admissio ns are open to 
anyone, a good command of En- 
glish is required for a curriculum 
(hat meets American standards for 
7th through 12th grades. 

The h eadmas ter is convinced 
that such things come naturally to 
students in Italy. “Here they don’t 
just read about the Romans or 
Etruscans, they go oot and see what 
they did, not only in the big cities 

me that Petrarch am^Vasarifwvre 
bom in this town, or that there’s a 
Nero della Francesca painting in a 
church just over the huL 


hunch of her back and arthritic 

knobs On the hands she shftathms 

in doves betray her age. She is 94. 

She is gazing at a young wom- 
an, Terese CapucflE, as sinuous 
and strong as a whip, dancing the 
lead with Doolin Foreman in 
Graham's 1940 work, “Letter to 
the World," an homage to Emily 
Dickinson's poetry aim sooL She 
is watching herself, dancing 48 
years ago, dancing with the first 
man to join her company, her 
lover and later, briefly, her hus- 
band, Erick Hawldns. She is 
strenuously rehearsing her com- 
pany, this country’s oldest dance 
troupe, for its 1988 New York 
season's opening. 

By her side, always, is Ronald 
Proms, dark 'and worried, whis- 
pering in her ear, palming his 
tape recorder. He is an associate 
artistic director (with Linda 
Hodes) of the Martha Graham 
Dance Company, formed almost 
six decades ago, in 1930. Never a 
dancer, be studied law and prac- 
ticed photography until he be- 
came her shadow, and, Graham 
believes, her savior, in the early 
1970s. She had stopped dancing 
in 1969 at the age <x 75. It was 
almost the end or her. She aban- 
doned herself to illness, solitude 
and despair. She neglected her 
company, which did not perform 
in public for years. 

Then Protas, who is now 41. 
came along to befriend and to 
encourage her. With a supreme 
effort, Graham rekindled the 
flamp that has iUmnuiated her art 
since her first independent per- 
formances in 1926. she has cho- 
reographed 26 new dances in the 
last 15 years, and directs her 
company and school 

Protas resents any talk that 
Graham is an icon to be trundled 
•out on stage for the ovation; he 
and others who have watched her 
create, teach and rehearse see this 
period as an astonishingly fruitful 



standing. It's important that peo- 
ple fed, that they fed afore.” 

She recalled a night in Florence 


Moscow State Univetsn, the 
alma mater of the Soviet Union's 
leader, MBthaB S. Gorbachev, has 
awarded honorary doctorates ts 


20 or more years ago. “I was 
performing ‘Dark Meadow,’ 

s tanding OQ a NOgUChl FOCk” — ~ 

the great sculptor Isamu Noguchi 


“and the audience gov out of 
hand, booing and catcalling- 1 had 
my arm this way” —she demon- 
strates, face forward, holding her 
right arm straight across her chest 
— “and suddenly I turned my 
face away and instinctively flung 
up my arm.” 

She sharply averts her face and 


netfa Galbraith and to the British * 
writer Graham Greene, Galbraith, 
was honored for "his services inthfr 
development of sciences and the 
humanities,** the Toss afjency SahL 
Greene's doctorate is a sign of *h» 
outstanding services in the field of 
literature and in the strengthening 
of friendly contacts with the Soviet 
Union,” lass said. 

□ 


swings her arm abruptly, arrest- 
ing it bent upward as if signaling a 

right-hand nun. ‘They quieted 
down instantly and I said to my- 
self, *You can be had... HI 
take you.’ What my body urid 
them was, 'Wait a minute! Behave 
yourself! You offend me.’ " 

She believes in myth and leg- 
end, in gods and goddesses on the 
stage, in astatic, primordial the- 
ater. Nothing has influenced her 
more th™ various Indian cultures 
is the American West When 
Graham was young, her father, a 
weErto-do psychiatrist, moved his 
wife and three daughters from 
Pennsylvania to Santa Barbara, 
California. 

“Gang to the Southwest made 
a great change in my fife," she 
says. “I have never taken literally 
from Indian cultures, but the In- 
dians taught me the absolute sa- 
crednessof the land, the use of the 
body as reiteration of the sound 
of the earth." 

Her 1984 staging of The Rite 
of Spring” was inspired by Amer- 
ican In dian ceremonies. She kept 
Igor Stravinsky’s idea of an orgi- 
astic fertility ntuaL but threw out 
the visual references to pa g an 
Russia. 

The cfaoreoKranhv for “Night 


tifidnd OWaB/Tbc New Y«ti Ttam 

Tfs important that people feel, that they feel afire,” Martha Graham says about dance. 


comeback. She has not only 
brought oot fresh works; she be- 
gan to re-stage previously Tost” 
Graham pieces. “Placed end to 
end as they have never been be- 
fore,” wrote Anna Klssdgoff, a 
New York Tfanes’s dance critic, in 
1987, “these works make up a 
repertory that no other modem- 
dance company can boast” 

Graham has choreographed 
178 ballets whfle creating an orig- 
inal d«nrw langnaga Both her re- 
vivals and recent works have 
evoked words such as “dazzling" 
and “electrifying" from the crit- 
ics. The season’s run at Gfy Cen- 
to-, preceding a tour across the 
United Stales and following an- 
other around Europe, will feature 
a world premiere of her newest 
dance, “Night Chant,” set to tra- 
ditional American Indian flute 

ntiicif* 

There will be revivals of three 
minor Graham works — the erot- 
ic “Phaedra" along with the Dick- 
inson “Letter to the World” and 
“El Penitente." Also included is 
“Fragments.” a series of excerpts 
from Graham classics. Some of 
them have not been seen for more 
than 50 years. 

At the opening gala Mikhail 
Baryshnikov wfll dancy. the title 
role in Graham’s 1940 piece, “El 
Penitente"; the actress Kathleen 


Turner will make her debut in a 
dance work as “She Who Speaks" 
in the Dickinson piece, aim Maya 
PKsetskaya will perform Michel 
Fakme’s “Dying Swan,” a rde the 
great Russian ballerina has sot 
danced in 18 years in New York. 

Graham agreed to an interview, 
followed by an even rarer qppor- 

ber*dancers. There is only one 
subject she balks at discussing, 
setting her jaw and turning her 
face away, murmuring T don't 

know I don't remember 

things,” while Protas gently 
pleads in her ear. It is a wonderful 


“And then one day,” Graham 
ivs. “she *n»de on the canvas a 


says, “she ™»de on the canvas a 
dot. Became she could make that 
dot on the space, she knew that 
she would paint again." The cor- 
ollary to the ch ore o g ra p her’s own 
anguish in her 70s is unspoken. 

She was asked about her deci- 
sion late in Efe to re-stage and re- 
present that necklace of dances 
that forms a link to her earliest 
years. She had previously said, “I 
don’t believe in nostalgia.*' 

IT she doesn't, why the revivals? 
“You’re quite right — I don't go 
in for nostalgia, she says. “But 


story, it will inspire people, he 
teOs her. The apparently forbid- 


tcDs her. The apparently forbid- 
den topic is that dark passage in 
(he late 60s and early 70s when 
die stopped dancing and wanted 
to die. Then G raham reveals in 
an anecdote: 

“Anthony Tudor asked me a 
long time ago how I wanted to be 
remembered — as a dancer or as a 
choreographer,” she says. T re- 

f*/. a ur. 


people were quite curious about 
older dungs they had not seen. 
And I . . .1 wanted to see what is 
now, coming out of what was 
then. Tm not interested in the 
past. I'm interested in the future 
■ — going an — the excitement of 
what now is. If it’s good, it win 
stay for quite a whole. On the 
other hand, there cranes a time 
when a work has to be retired.” 

Graham believes that dance 
was the first communication for 
afl humans, that the body does 
not lie, that movement does not 
lie. Tm oot interested in people 
un d ers tanding what I do,” she 
says. “I'm interested in die feeling 
of iL It was the immediacy that I 
wanted — not intellectual under- 


plied, ‘As a dancer.' He said” — 
Graham pauses — “‘I pity you.’" 

Thestory reminds her of a dose 
friend, a painter, who could not 
paint after her husband died. “I 
cannot paint,” she told Graham. 
“There’s nothing to paint." Day 
after day, the woman stared at a 
blank canvas. 


aant” < ^So°S >1 2idian roots. 
“Night Chant’s” setting includes 
tall, curving exclamation points 
with steps on them, designed by 
Noguchi years ago far “Embat- 
tled Garden." 


Graham asked the sculptor for 
permission to use them a g ain . 
“He’s very tight, very hard, but he 
agreed,” she says. “He told me, 
That’s what art is — using acri- 
dents.’ ” She added as if to her- 
sdf: “But of course — it's the 
presence of the ancestor.” 


Sa n the or gani zed ; 

crime boss, was fiyingsssageind .- 
peppers when he was shottp death 
m 1975. Now his daughter, Antoi- 
nette Giancana, 53, who describe^ 
the bedroom activities of mobsters 
in her 1984 book “Mafia Prinocat^ 
says she plans to publish iho "^.i. 
fia Cookbook.” It will feature (fe 
recipes of 35 of Chicago’s png- 
stexs. : . C 

0 ' 

A stame of Mohandas K-Garilpt v 
the proponent of nonviakaoo who 
led India to independence, has 
been dedicated in San Francao.- 
TheGandM Memorial fattnatian- 
al Foundation donated the scab, 
tore and gave humanitarian awards 
to: Joan Baez, the 
Temple Bbck, the actRSMfipto- 
m&t; Warner Erhard of the Hanger 
Project; David Packard. aa hams- , 
trialist; Richard Swfe die hutet 
man; DafcyafaM B. Patet, abcoi* 1 
factor of (he Indian owmmmbyia:. 
San Francisco, and M—flihil fed 
of Poona, Ind^ a follower of Gan- - 
dhi since 1941 . ' 

o . ; 

Lawrence M. Gnttfar. 46,4*- . 
president of Book-of-the-Mouth 
Grib and a vice president of te. 
corporate parent, Thne taL^ja 
New York, will became riwinttjn 
of the dub at (he end of tiuftof. 
He will succeed Al 


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